By how much would the mexican peso have to depreciate to
Tallahassee Co. has $2 million in excess cash that it has invested in Mexico at an annual interest rate of 60 percent. The U.S. interest rate is 9 percent. By how much would the Mexican peso have to depreciate to cause such a strategy to backfire?
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tallahassee co has 2 million in excess cash that it has invested in mexico at an annual interest rate of 60 percent the
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