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the Spot rate between Mexican peso and the U.S. dollar is 12.88 per $1. The expected inflation rate is the U.S is 1.2 percent and

the Spot rate between Mexican peso and the U.S. dollar is 12.88 per $1. The expected inflation rate is the U.S is 1.2 percent and the U.S Treasury bill is yielding 2.6 percent. Rist free rate if return in mexico is 6.4 percent. what is a rate of inflation in mexico

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