The ratio of expected spot rate to current spot rate for $$\le$ is 1.02 and the inflation rate in the U.S.is 5%.What is the approximate inflation rate in the United Kingdom?
A)1.3%
B)2.9%
C)4.1%
D)7.0%

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The Answer of The ratio of expected spot rate to current spot rate for $$\le$ is 1.02 and the inflation rate in the U.S.is 5%.What is the approximate inflation rate in the United Kingdom?
A)1.3%
B)2.9%
C)4.1%
D)7.0%

The Ratio of Expected Spot Rate to Current Spot Rate ≤\le≤

The Ratio of Expected Spot Rate to Current Spot Rate $\le$