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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
13.       Expected Spot Rates   Suppose the spot exchange rate for the Hungarian forint is HUF 204.32. The inflation rate in the United States will be 1.9 percent per year. It will be 4.5 percent in Hungary. What do you predict the exchange rate will be in one year? In two years? In five years? What relationship are you using?
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