thanks Sven Svenson and Linn Linnson are a Finnish couple looking to get married

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Sven Svenson and Linn Linnson are a Finnish couple looking to get married in Thailand this year. Sven works for a currency trading company in Finland, where one of his colleagues, Bjorn Bjornson, specializes in trading South East Asian currencies, including the Thai Baht. Bjorn gives Sven his predictions of changes in exchange rates and price levels for Finland and Thailand over the next six months. Assume that the cost of the wedding is reflective of the general price level. Predicted Exchange Rate Predicted Indices of the Price Level Jan Feb Mar Apr May Jun Date Baht to Euro Finland 100 100 100 100 100 100 January 40 February 32 Thailand 100 80 122 82 148 98 48 March Based on Bjorn's predictions, if Sven and April 36 January Linn want to minimize their expenses, May 52 when would be the best time for them to O February get married? 42 June March April How much less expensive would the couple's wedding be if they got married O May in the least expensive month versus the most expensive month? Please O June give your answer to the nearest whole percentage. Incorrect Number You need to calculate the real exchange rate for each month the exchange rate adjusted for the difference in 50 the aggregate price level

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April

25%

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