Suppose the spot exchange rate for the Hungarian forint is HUF 2 0 4 . 8 2
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Question:
Suppose the spot exchange rate for the Hungarian forint is HUF The inflation rate in the United States will be percent per year. It will be percent in Hungary.
a What do you predict the exchange rate will be in one year? Do not round
intermediate calculations and round your answer to decimal places, eg
b What do you predict the exchange rate will be in two years? Do not round intermediate calculations and round your answer to decimal places, eg
c What do you predict the exchange rate will be in five years? Do not round intermediate calculations and round your answer to decimal places, eg
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