Question: Question 9 - 15 expected to be 1.9% per year in the UK and 12.1% per year in Nigeria. The current exchange rate is NGN483

Question 9 - 15 expected to be 1.9% per year in

Question 9 - 15 expected to be 1.9% per year in the UK and 12.1% per year in Nigeria. The current exchange rate is NGN483 to the Pound (). What is the expected exchange rate (to the nearest NGN) in 3 years according to Purchasing Power Parity (PPP) theory

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