Purchasing Power Parity If the current spot rate between the U$.$S$.$ dollar and the Swedish krona was $$1=7\mathrm{.}6623$ krona, and if the inflation rate in the United States was $6\mathrm{.}2$ percent and

in Sweden it was $3\mathrm{.}2$ percent, then what would be the expected spot rate in one year?

Note: Round your calculations and answer to $4$ decimal places.

Multiple Choice

$$0\mathrm{.}0727$

$$7\mathrm{.}8922$

$$0\mathrm{.}1305$

$$0\mathrm{.}1344$