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Assume $1 is currently equal to $19.91 Mexican peso in the spot market. Assume the expected inflation rate in Mexico is 5.82 percent while it

Assume $1 is currently equal to $19.91 Mexican peso in the spot market. Assume the expected inflation rate in Mexico is 5.82 percent while it is 3.00 percent in the U.S. What is the expected exchange rate one year from now if uncovered interest rate parity exists?

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