Business, 18.06.2021 22:20 blakestuhan

Given that inflation in the U. S. is projected at 2% annually for the next 5 years and at 8% annually in India for the same time period, and Rupee/Dollar spot rate (R/$) is currently equal to 73.2115, obtain the exact relative PPP value of the spot rate (R/$) five years from now. Group of answer choices 97.4310 69.1442 55.0125 79.4310 77.5181

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Given that inflation in the U. S. is projected at 2% annually for the next 5 years and at 8% annuall...