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You have the following information: Spot Inflation Nominal Interest Rate ...

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Question

Finance

You have the following information:

Spot

Inflation

Nominal Interest Rate

GBP

1

2.48%

1.04%

CNY

8.8878

1.51%

2.15%

Using the Relative Purchasing Power Parity, Calculate the expected exchange rate in a years time. Justify your answer.

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