Assuming that current currencies are currently in equilibrium and the exchange rate for the Costa Rican Colon is CRC/$ = 511.53 and that the U.S.expects inflation over the next year to be 4% While in Costa Rican there is an expectation of 7.8%; what must the exchange rate be in one year? (CRC/$)

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Assuming That Current Currencies Are Currently in Equilibrium and the Exchange