Nezyo Sumo the assistant to the FDI hedge fund manager, uses the concepts of relative purchasing power parity (RPPP) and interest rate parity (IRP) models to forecast spot exchange rates. You gather the following information below and are asked to complete the following assignments: The 2020 US CPI The 2020 Mexican CPI The 2021 US CPI The 2021 Mexican CPI Expected 2022 US CPI Expected 2022 Mexican CPL The 2021 spot exchange rate The 2021 annual U.S. interest rate The 2021 annual Mexican peso interest rate 100 102 103 108 107 109 0.0493 6% 8% 1. (20 points). Predict 2022 spot exchange using the PPP model. RPPPSH1 = S, X 1 + Tus / 14T Mex. US + . 2. (20 points). Predict 2022 spot exchange using the IRP model. IRD Sty= St x tius x H T+IMex 3. (10 points). Predict 2023 spot exchange using the IRP model. Nezyo Sumo the assistant to the FDI hedge fund manager, uses the concepts of relative purchasing power parity (RPPP) and interest rate parity (IRP) models to forecast spot exchange rates. You gather the following information below and are asked to complete the following assignments: The 2020 US CPI The 2020 Mexican CPI The 2021 US CPI The 2021 Mexican CPI Expected 2022 US CPI Expected 2022 Mexican CPL The 2021 spot exchange rate The 2021 annual U.S. interest rate The 2021 annual Mexican peso interest rate 100 102 103 108 107 109 0.0493 6% 8% 1. (20 points). Predict 2022 spot exchange using the PPP model. RPPPSH1 = S, X 1 + Tus / 14T Mex. US + . 2. (20 points). Predict 2022 spot exchange using the IRP model. IRD Sty= St x tius x H T+IMex 3. (10 points). Predict 2023 spot exchange using the IRP model