Assume the Spot Exchange Rate for the Hungarian Forint Is

question 54

Multiple Choice

Assume the spot exchange rate for the Hungarian forint is HUF 215.Also assume the inflation rate in the United States is 4 percent per year while it is 9.5 percent in Hungary.What is the expected exchange rate 5 years from now?

• A)269
• B)276
• C)281
• D)294
• E)299

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A worldwide war that occurred between 1939 and 1945, engaging the majority of the globe's countries, comprising all of the major powers, which later divided into two antagonistic military coalitions: the Allies and the Axis.

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A multinational corporation headquartered in the United States that designs, manufactures, markets, and distributes vehicles and vehicle parts.