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Assume that Fisher Effect holds. Based on the following market information for Argentina and the US, estimate the 1-Year US T-bill rate based on Fisher

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Assume that Fisher Effect holds. Based on the following market information for Argentina and the US, estimate the 1-Year "US T-bill" rate based on Fisher Effect. Argentina: Spot Rate: USD/ARS85.3441 (ARS 85.3441 per USD) Expected inflation rate in Argentina: 30.00% p.a. 1-Year Argentinean Treasury Bill Yield : 32.60% pa United States: Expected US Infllation: 2.00% p.a. 1 Year Treasury Bill Yield: ? 5.83% 2.77% 4.04\% 4.83%

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