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Problem 6-2 (algorithmic) Question Help Argentine Float The Argentine peso was feed Tough a currency board of Pst.00/5 throughout 1000s. In January 2009. the Argentine

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Problem 6-2 (algorithmic) Question Help Argentine Float The Argentine peso was feed Tough a currency board of Pst.00/5 throughout 1000s. In January 2009. the Argentine peso was foted on January 20, 2003. I was in P.3.22/3. During that one year period, Argentina's inflation rate was 20% on in and basis Indation in the United States during the same period was 24% annualed a. What should have been the change rate in January 2003 PPP held? t. Bly what percentage was the Argentine peso undervalued on an and basis? c. What were the probable causes of undervaluation

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