Question
16. Suppose annual inflation rates in the U.S. and Mexico are expected to be 8% and 60%, respectively. If the current spot rate for the
16. Suppose annual inflation rates in the U.S. and Mexico are expected to be 8% and 60%, respectively. If the current spot rate for the Mexican peso is $.007, then the best estimate of the peso's spot value in 90 days is:
| A. | $0.0091 | |
| B. | $0.0062 | |
| C. | $0.0032 | |
| D. | $0.0023 |
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The Almanack Of Stanley Druckenmiller From Over 40 Years Of Investing Wisdom With Quantum Fund And Duquesne Capital Management
Authors: Rui Zhi Dong
1st Edition
B0B3NV2H9M, 979-8850611453
