What do you predict the exchange rate will be in three years


Question:

Suppose the spot exchange rate for the Hungarian florin is HUF 238. Interest rates in the United States are 4.1 percent per year. They are 3.6 percent in Hungary. What do you predict the exchange rate will be in three years?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What do you predict the exchange rate will be in three years
Reference No:- TGS02066778

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)