As of march 1 2015 the exchange rate between the brazilian, Financial Management

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As of march 1 2015 the exchange rate between the brazilian

As of March 1, 2015, the exchange rate between the Brazilian real and U.S. dollar is R$3.19/$. Assume that the consensus forecast for the U.S. and Brazil inflation rates for the next 1-year period is 2.0% and 20.0%, respectively. What would you forecast the exchange rate to be at around March 1, 2016?

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Financial Management: As of march 1 2015 the exchange rate between the brazilian

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