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The current MXN/CHF spot exchange rate is 20.7. The MXN inflation rate is 5.3%, and the CHF inflation rate is 0.5%. If you are a

The current MXN/CHF spot exchange rate is 20.7. The MXN inflation rate is 5.3%, and the CHF inflation rate is 0.5%. If you are a Mexican firm with a MXN cost of capital for foreign projects of 11%, what is the PV (in MXN) of a payment of 5M CHF 1 years from today?

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