Suppose the spot exchange rate for the Hungarian forint is HUF 204.82. The inflation rate in the United States will be 2 percent per year. It will be 5.0 percent in Hungary.
What do you predict the exchange rate will be in one year? (Round your answer to 2 decimal places, e.g., 32.16.) Exchange rate HUF/$ What do you predict the exchange rate will be in two years? (Round your answer to 2 decimal places, e.g., 32.16.)
Exchange rate HUF/$
What do you predict the exchange rate will be in five years? (Round your answer to 2 decimal places, e.g., 32.16.)
Exchange rate HUF/$