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expected spot rate in one year between Euro and USD

One year interest rates are currently 3.30% in the U.S and 2.60% in "Euroland. The current spot rate between the euro and dollar is 1.3225/. What is the expected spot rate in one year if the international Fisher effect holds?

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Assume you have 1 Euro right now.
If you deposit 1 Euro into the bank in Euorland, after 1 year, you will ...

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The solution shows detailed calculation of the expected spot rate in one year between Euro and USD.

$2.19