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The inflation rate in the us is projected at 10 per year

Question

The inflation rate in the U.S. is projected at 10% per year for the next several years. The Australian inflation rate is projected to be 2% during that time.

The exchange rate is currently A$2.2. Based on relative purchasing power parity, what is the expected exchange rate in two years?

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Financial Management: The inflation rate in the us is projected at 10 per year

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Financial Management: The inflation rate in the us is projected at 10 per year

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