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Suppose annual inflation rates in the u.s. and mexico are expected to be 6% and 80%, respectively, over the next several years. if the current spot rate for the mexican peso is $.005, then the best estimate
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Jul 21, 2019
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Suppose annual inflation rates in the u.s. and mexico are expected to be 6% and 80%, respectively, over the next several years. if the current spot rate for the mexican peso is $.005, then the best estimate of the peso's spot value in 3 years is
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The answer is $.00102
Mansur Kurtov
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Jul 26, 2019
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