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why the answer is 2.42? I need explanation Argentine Anguish. As illustrated in the graph the Argentine peso moved from its fixed exchange rate of

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why the answer is 2.42?
I need explanation
Argentine Anguish. As illustrated in the graph the Argentine peso moved from its fixed exchange rate of Ps1.00 =$1.00 to over Ps2.00 =$1.00 in a matter of days in early January 2002. After a brief period of high volatlity, the peso's value appeared to settle down into a range varying between 2.00 and 2.50 pesos per dollar. If you were forecasting the Argentine peso further into the future, to March 30,2002 , how would you use the information in the graphic - the value of the peso freely floating in the weeks following devaluation-to forecast its future value? Based on the graph: If you were forecasting the Argentine peso fucther into the future, to March 30, 2002, how would you use the information in the graphic- the value of the peso freely-floating in the weeks following devaluation-to forecast its future value? The percentage change for the period of February 1 st to February 28 th is (Round to two decimal places.) If the peso continues to fall at the same rate for one month, the value of the peso on March 30 th will be Ps \$. (Round to two decimal Figure Argentine Anguish. As illustrated in the graph the Argentine peso moved from its fixed exchange rate of Ps1.00 =$1.00 to over Ps2.00 =$1.00 in a matter of days in early January 2002. After a brief period of high volatlity, the peso's value appeared to settle down into a range varying between 2.00 and 2.50 pesos per dollar. If you were forecasting the Argentine peso further into the future, to March 30,2002 , how would you use the information in the graphic - the value of the peso freely floating in the weeks following devaluation-to forecast its future value? Based on the graph: If you were forecasting the Argentine peso fucther into the future, to March 30, 2002, how would you use the information in the graphic- the value of the peso freely-floating in the weeks following devaluation-to forecast its future value? The percentage change for the period of February 1 st to February 28 th is (Round to two decimal places.) If the peso continues to fall at the same rate for one month, the value of the peso on March 30 th will be Ps \$. (Round to two decimal Figure

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