In October 2013, there is a consensus in the capital market that the annual inflation...
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Accounting
In October there is a consensus in the capital market that the annual inflation rate is likely to be in US and in China for the next two years. The spot exchange rate in October is CNY$ Based on this information, answer the following questions regarding your prediction on the foreign exchange rate.
Using the exact version of parity relationships, the forward rate in October two years from is CNY $Please use indirect quote and leave decimal points
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