The current spot rate between the U.S. dollar and the Swedish krona is $1 = 6.5228 krona.

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The current spot rate between the U.S. dollar and the Swedish krona is $1 = 6.5228 krona. If the inflation rate in the United States is 4 percent and in Sweden is 2 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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Question Posted: Sep 23, 2014 10:57 AM

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The current spot rate between the U.S. dollar and the Swedish krona is $1 = 6.5228 krona.

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Use equation 193 But the quote must be a direct qu...View the full answer

Finance Applications and Theory

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