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Part 1 : A US investor sinks $ 1 , 0 0 0 in 1 - year Mexican bonds on March 1 5 , 2

Part 1:
A US investor sinks $1,000 in 1-year Mexican bonds on March 15,2023. The bond yield is 5% per year. The USD-MXN exchange rates on the day of purchase of the bond and at its maturity were 1 USD =19 MXN and 1 USD =17 MXN, respectively. What was the yield in dollar terms?
Your answer should be in % terms at one decimal place. For example, if the gains are 4.38%, your answer should be 4.4.
Part 2:
Which of the following statements best describes the above process (the US investor trading USD to MXN to invest in Mexican bonds and reconverting the MXN to USD after maturity):
1. The dollar yield was lower than the MXN yield because the MXN appreciated between March 15,2023 and March 15,2024.
2. The dollar yield was greater than the MXN yield because the MXN appreciated between March 15,2023 and March 15,2024.
3. The dollar yield was greater than the MXN yield because the MXN depreciated between March 15,2023 and March 15,2024.
4. The dollar yield was lower than the MXN yield because the MXN depreciated between March 15,2023 and March 15,2024.

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