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Annual inflation rates in Canada and Mexico expected over the next several years are presented in the table below. The current spot rate is 2

image text in transcribed Annual inflation rates in Canada and Mexico expected over the next several years are presented in the table below. The current spot rate is 2 Mexican new pesos (NPeso) per Canadian dollar. Inflation Canada 4\% Inflation Mexico 4\% Spot (Npeso/CAD) 2 Time (in years) 4 2.0100 0.5000 2.000 1.9900

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