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Please use the following information for the next 2 questions. The nominal annual interest rate in Mexico is 1 0 . 8 0 % .

Please use the following information for the next 2 questions.
The nominal annual interest rate in Mexico is 10.80%. The nominal annual interest rate in the U.S. is 5.40%. Megan expects that annual inflation will be about 9.25% in Mexico and 3.20% in the U.S. The spot rate of the Mexican peso is $0.0580 per Mexican peso.
Megan will receive 1 million Mexican pesos in one year.
Question 13(3.33 points)
Determine the amount of dollars that Megan will receive if Megan uses a forward hedge and believes that IRP (interest rate parity)_presently exists (i.e., the forward rate is determined by the IRP).
$63,365.00.
$55,173.29.
$57,788.27
$60,971.54.
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