Question: One Australian dollar is currently worth ( $ 0.67 ). Assume that the real interest rate is constant everywhere, and that the annual nominal interest

$One Australian dollar is currently worth \$ \\$ 0.67 \$. Assume$

One Australian dollar is currently worth \$ \\$ 0.67 \$. Assume that the real interest rate is constant everywhere, and that the annual nominal interest rate is \4.5 in the U.S. and \3.9 in Australia. Part 1 Attempt 1/6 for 10 pts. What is the (exact) expected exchange rate in one year (measured in U.S. dollars per Australian dollar) according to the international Fisher effect

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