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A Financial Analyst Has the Following Data

Question 47

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A financial analyst has the following data:
A financial analyst has the following data:    India's currency is the rupee and today's spot exchange rate is 45.84 rupees per U.S. dollar. In equilibrium, what amount of rupees should be exchanged for one U.S. dollar one year from now? India's currency is the rupee and today's spot exchange rate is 45.84 rupees per U.S. dollar. In equilibrium, what amount of rupees should be exchanged for one U.S. dollar one year from now?

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