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Business, 16.11.2020 17:50 bladencharles8845
Assume that the Mexican peso exhibits a six-month interest rate of 6 percent and that the U. S. dollar exhibits a six-month interest rate of 5 percent. Assume that interest rate parity (IRP) holds. If the peso's spot rate is $0.10, what should the six-month forward rate of the peso be?
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