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Suppose that the six-month interest rate in the United States is 2%, while the six-month interest rate in Mexico is 4%. Further, assume the spot

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Suppose that the six-month interest rate in the United States is 2%, while the six-month interest rate in Mexico is 4%. Further, assume the spot rate of the peso is $0.40. Given the spot rate of $0.40 of the peso, as well as the premium of 1.9231% that you calculated previously, the six month forward rate of peso should be about under thp should be about under IRP

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