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Assume the following: you have Euro5mi, to invest; the current spot rate of Mexican Peso is Euro0.1225/MXN; the 180-day forward rate is Euro0.1285/MXN; the 180-

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Assume the following: you have Euro5mi, to invest; the current spot rate of Mexican Peso is Euro0.1225/MXN; the 180-day forward rate is Euro0.1285/MXN; the 180- day Spain interest rate is 3%; the 180-day Mexico interest rate is 5%. What would be the annual yield if you invest in Mexico? O A) 16.09% OB) 10.14% OC) None of them OD) 8.04% OE) 20.29%

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