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2. 3. STEP 1 of 3 Suppose that the six month interest rate in the United States is 5%, while the six month interest rate

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2. 3. STEP 1 of 3 Suppose that the six month interest rate in the United States is 5%, while the six month interest rate in Mexico is 9%. Further, assume the spot rate of the peso is $0.40 (not According to interest rate panty (IRP), the forward rate premium of the peso with respect to the U.S. dollar should be annualized) Mindo-etage learning 2803379% Q Sear LOT 3.0 -25 por with the shoot Gr Now Save & Co Co PT Cloudy DULL F? FB FD F10 F11 . F12 Pro Intert Driate & 7 * 8 ) 0 Backspace 9 U 1 O P P . J L Enter

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