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Assume the following information: Spot rate of Mexican peso = $.100 180day forward rate of Mexican peso = $.098 180day Mexican interest rate = 6%

Assume the following information: Spot rate of Mexican peso = $.100 180day forward rate of Mexican peso = $.098 180day Mexican interest rate = 6% 180day U.S. interest rate = 5% Given this information, what would be the yield (percentage return) for Mexican investors be who have pesos to invest? ANSWER IN PERCENTAGE FORMAT OR YOU WILL GET THE QUESTION WRONG!!!

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