Suppose the spot exchange rate for the Hungarian forint is HUF246.Interest rates in the United States are 4.3 percent per year.They are 3.4 percent in Hungary.What do you predict the exchange rate will be in four years?
A) HUF237.26
B) HUF236.90
C) HUF241.59
D) HUF254.98
E) HUF261.19
Correct Answer:
Verified
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