Answer:
$0.006072094
Step-by-step explanation:
Expected spot rate in three year ($/drachma) = Current spot rate * ( 1 + Inflation $)^3 / ( 1 + Inflation drachma)^3
= $0.007 * (1 + 3%)^3 / (1 + 8%)^3
= $0.007 * (1 + 0.03)^3 / (1 + 0.08)^3
= $0.007 * (1 .03)^3 / (1.08)^3
= $0.007 * 1.092727 / 1.259712
= $0.007 * 0.867442
= $0.006072094