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The Mexican peso is trading at 8 pesos per doliar. If the expected U.S. inflation rate is 1% while the expected Mexican inflation rate is

The Mexican peso is trading at 8 pesos per
doliar. If the expected U.S. inflation rate is 1%
while the expected Mexican inflation rate is
18% over the next year, given PPP, what is the
expected exchange rate in one year?
The expected exchange rate is Type pesos per
dollar. (Round your response to two decimal
places.)

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