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please answer a-c Argentine Tears. The Argentune peso was fixed through a cumency board at Ps1 005 throughout the 1990 s. In January 2002 the

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Argentine Tears. The Argentune peso was fixed through a cumency board at Ps1 005 throughout the 1990 s. In January 2002 the Argenline peso was toated On During that one year penod Argentina's inflation rate was 21% on an annyalued basis if a. What should have been the exchange rate in January 2003 if PpP held? b. By what percentape was the Argentine peso undervaluod on an arnualued basis? c. What were the probable causes of undervaluation? 4. What should have been the exchange rate in Janisary 2003 if PPP hekd? The oxchange tale in sanuary 2003 A PPP heid, should tave been Ps is (Round to five decmal places). b. By what percentage was the Argentine peso undervaluod on an annealzed basis? On an acnaised bovs, the Aroentine peso was andervalued by (Round to three decimal places and intlude a negative sign if needed)

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