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Suppose the annual inflation rates in the U.S. and Mexico are expected to be 6% and 80%, respectively. If the current spot rate for the
Suppose the annual inflation rates in the U.S. and Mexico are expected to be 6% and 80%, respectively. If the current spot rate for the Mexican peso is $.005/peso, then the best estimate of the peso's spont value three years from now at parity should be
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