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stranahan stranahan
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7 years ago
The current indirect exchange rate is 11 pesos per dollar. The anticipated annual inflation rate is 5% in the United States and 8% in Mexico. What is the forward exchange rate?
A) Ps11.0526/$
B) Ps11.2375/$
C) Ps11.3143/$
D) Ps11.1425/$
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Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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ExpertXExpertX
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7 years ago
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stranahan Author
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7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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