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The current MXN/CHF spot exchange rate is 23.4. The MXN inflation rate is 4.8%, and the CHF inflation rate is 0.9%. If you are a

The current MXN/CHF spot exchange rate is 23.4. The MXN inflation rate is 4.8%, and the CHF inflation rate is 0.9%. If you are a Mexican firm with a MXN cost of capital for foreign projects of 12%, what is the PV (in MXN) of a payment of 4M CHF 7 years from today?

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