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Assume the following information: 1- Mexican one-year interest rate =11% 2- U.S one-year interest rate =...

Assume the following information:

1- Mexican one-year interest rate =11%

2- U.S one-year interest rate = 4%

3- Peso spot rate = 0.13 $/p

4- Peso forward rate = 0.07 $/p

if interest rate parity exists, how much money you can make per each unit. For example, if one can make $0.0303 per peso, type 0.0303 in the box below.

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