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Argentine Tears. The Aypentene peso was fixed through a currency board at Pst o0s throughout the 1990 s. in January 2002 the Avgentine peso was floated On January 29 , 2003 if iaas trad During that one yeer period Argontins's inflation rate was 21% on an annuatzed basis Inflaton in the Unitod States durng that same period was 235 . annualized a. What strould heve been the exchange rate in January 2003 it Ppp held? b. By what percentago was the Avgentine peso undervilued on an annualzed basis? c. What wete the probable causes of undervaluation? a. What should hawe been the exchange rate in Jansary 2003 if PPp helas The exchange rate n danuacy 2003, d PPP nold, should have boen Ps \& (Round to five decimal places) b. By what percentage was the Argenthe pero undervalued on an annualend basis? On an annualued besis, the Avoentine peso was undorvalued by (Round to Evee decimal places and nclude a negative sign if noeded ) Argentine Tears. The Aypentene peso was fixed through a currency board at Pst o0s throughout the 1990 s. in January 2002 the Avgentine peso was floated On January 29 , 2003 if iaas trad During that one yeer period Argontins's inflation rate was 21% on an annuatzed basis Inflaton in the Unitod States durng that same period was 235 . annualized a. What strould heve been the exchange rate in January 2003 it Ppp held? b. By what percentago was the Avgentine peso undervilued on an annualzed basis? c. What wete the probable causes of undervaluation? a. What should hawe been the exchange rate in Jansary 2003 if PPp helas The exchange rate n danuacy 2003, d PPP nold, should have boen Ps \& (Round to five decimal places) b. By what percentage was the Argenthe pero undervalued on an annualend basis? On an annualued besis, the Avoentine peso was undorvalued by (Round to Evee decimal places and nclude a negative sign if noeded )