The current spot rate between the U.S. dollar and the Netherland Antilles guilder is $1 = 1.7915

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The current spot rate between the U.S. dollar and the Netherland Antilles guilder is $1 = 1.7915 guilder. If the inflation rate in the United States is three percent and in the Netherland Antilles is seven percent, then what is the expected spot rate in one year?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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