Joe Carry Trader has is going to execute a carry trade. Current one-year interest rates in Mexico are 9% and current one-year interest rates in the U.S. are 3%. If the current excha (break-even exchange rate) for this carry trade? (answer should be ROUNDED to two decimal places at the end of your calculation. You enter answer like 14.25)

Joe Carry Trader has is going to execute a carly trade. Curtegt one-year interest rates in Meodto are 9% and current one-yesu interest rates in the U.S. are 3%. If the current exch (break-even eachange rate) for this carry trade? (answer should be RouwOED to two decimal places at the end of your calculanion, Vou enter answer ike 14.25)