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Check my work 23 The one-year risk-free rate in the U.S. is 3.86 percent and the one-year risk-free rate in Mexico is 5.98 percent. The
Check my work 23 The one-year risk-free rate in the U.S. is 3.86 percent and the one-year risk-free rate in Mexico is 5.98 percent. The one-year forward rate between the Mexican peso and the U.S. dollar is MXN12.33/. What is the spot exchange rate? Assume interest rate parity holds. 10 points Multiple Choice Print References MXN14.920/S MXN12.579/$ O MXNI3 9505 MXN12.327$ MXN12.080$
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