Currently you can exchange euro100 for 13415 the inflation


Currently, you can exchange €100 for $134.15. The inflation rate in Euroland is expected to be 3.1 percent as compared to 3.6 percent in the U.S. Assuming that relative purchasing power parity exists, what should the exchange rate be five years from now?

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Financial Management: Currently you can exchange euro100 for 13415 the inflation
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