5. A numerical example of the IFE theory 1. 2. STEP: 2 of 2 Let in and if represent the nominal 1-year interest rates for a home and foreign country, respectively. -5.99% inal interest rate in Mexico (the "foreign" Suppose that the nominal interest rate in the United States (the "home" country) is 8.50%, w country) is 2.00%. 6.37% Use the formula from the previous part of the question, ef = 1+in 1+if - 1, to determine the expe 206.37% in the value of the peso under IFE. -6.63% According to the IFE theory, the peso would be expected to change in value by approximately Grade Final Step TOTAL SCORE: 0/2 (to complete this step and unlock the next step)