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Current spot rate is Ps18.5424/$. Find the expected spot rate of Ps/$, if Mexico expected inflation rate is 3.50% and US expected inflation rate is

Current spot rate is Ps18.5424/$. Find the expected spot rate of Ps/$, if Mexico expected inflation rate is 3.50% and US expected inflation rate is 6.10% and assuming the PPP holds. (Round your answer to 4 decimals)

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