Write a short paper in which you compare and contrast purchase power parity (PPP), the international Fisher effect (IFE) and interest rate parity (IRP). Describe how each can affect foreign exchange transactions.

Write a short paper in which you compare and contrast purchase power parity (PPP), the international Fisher effect (IFE) and interest rate parity (IRP). Describe how each can affect foreign exchange transactions.

Complete the Module Two workbook- In this module, you will update the spot price for each of the four currencies. After updating the spot price, the current value of each currency will be calculated, so you can see the change in your investment portfolio. Replace the bracketed text below with the relavent information

In Module 1, the conversion to Japanese Yen is incorrect. Please fix this as it will carry forward in the spreadsheet. $2.5M in Yen is roughly 372M…