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What spot exchange should sigma forecast five years

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Question: The current spot exchange rate is PLN 3.95/$1.00. Long-term inflation in Polish is estimated at 3.7 percent annually and 2.2 percent in the United States. If PPP is expected to hold between the two countries, what spot exchange should Sigma forecast five years into the future? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132755033

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