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Let ih and if represent the nominal 1-year interest rates for a home and foreign country, respectively. Suppose that the nominal interest rate in the United States (the "home" country) is 7.00\%, while the nominal interest rate in Mexico (the "foreign" country) is 2.00%. Use the formula from the previous part of the question, ef=1+if1+ih1, to determine the expected change in the value of the peso under IFE. According to the IFE theory, the peso would be expected to change in value by approximately TOTAL SCORE: 1/2 (to complete this step and unlock the next step) uppose that the nominal interest rate in the United States (the "home" country) is 7.00%, ountry) is 2.00%. Ise the formula from the previous part of the question, ef=1+if1+ih1, to determine the expe ccording to the IFE theory, the peso would be expected to change in value by approximately