Question: The current spot rate between the US dollar and the Netherland Antilles guilder is $1=1.8025 guilder. Assume the inflation rate in the United States is

The current spot rate between the US dollar and the Netherland Antilles guilder is $1=1.8025 guilder. Assume the inflation rate in the United States is 9 percent and in the the Netherland Antilles is 13 percent.

What is the expected spot rate in one year? ( Do not round intermediate calculations and round your final answer to 4 decimal places)

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