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The current MXN/CHF spot exchange rate is 29.3. The MXN inflation rate is 3.7%, and the CHF inflation rate is 0.7%. If you are a

The current MXN/CHF spot exchange rate is 29.3. The MXN inflation rate is 3.7%, and the CHF inflation rate is 0.7%. If you are a Mexican firm with a MXN cost of capital for foreign projects of 10%, what is the PV (in MXN) of a payment of 5M CHF 2 years from today?

Correct answer is $128,395,802.50 How do you get this?

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