Argentine Anguish. As illustrated in the graph ), the Argentine peso moved from its fixed exchange rate of Ps1.00/$ to over Ps2.00 / $ in a matter of days in early January 2002. After a brief period of high volatility, the peso's value appeared to settle down into a range varying between 2.00 and 2.50 pesos per dollar. If you were forecasting the Argentine peso further into the future, to March 30, 2002, how would you use the information in the graphicthe value of the peso freely-floating in the weeks following devaluationto forecast its future value? Based on the graph: Date "Eye-balled" Values February 1st (Ps/$) 2.00 February 28th (Ps/$) 2.20 If you were forecasting the Argentine peso further into the future, to March 30, 2002, how would you use the information in the graphicthe value of the peso freely-floating in the weeks following devaluationto forecast its future value? The percentage change for the period of February 1st to February 28th is %. (Round to two decimal places.) If the peso continues to fall at the same rate for one month, the value of the peso on March 30th will be Ps/$. (Round to two decimal places.) Figure Argentine pesos (ARG) = 1.00 U.S. dollar (USD) 24 Daily: Dec 17, 2001-Feb 28, 2002 2.2 2.0 1.8 1.6 1.4 1.2 1.0 0.8 12/21/2001 1/10/2002 1/12/2002 1/6/2002 1/8/2002 1/18/2002 211/2002 2/9/2002 2/5/2002 2/3/2002 2/1/2002 1/30/2002 1/28/2002 124/2002 1/26/2002 2/17/2002 2/19/2002 2/27/2002 1/4/2002 1213171 1/14/2002 1/16/2002 1/20/2002 1/22/2002 2/11/2002 2/13/2002 2/15/2002 2/21/2002 2/23/2002 2/25/2002 12/17/2001 12/19/2001 12/23/2001 12/25/2001 12/27/2001 12/29/2001 Print Done