Future value of a investment, Finance Basics

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Future value of a investment

A US investor is considering investing in Mexico. The exchange rate today is $1 US buys 8 pesos, the Mexican interest rate is 4%, and the investor expects that the future exchange rate will be $1 US buys 7.2 Pesos. Then what is the future value of a $100 investment, in US dollars?

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Finance Basics: Future value of a investment

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Finance Basics: Future value of a investment

Reference No:- TGS044821

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Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Future value of a investment

Reference No:- TGS044821

Recent Questions Asked Finance Basics

Q : Arithmetic meant and standard deviation

Q : Calculating the interest for options

Q : Pasteurized processed american cheese product

Q : State last symbol is infinity

Q : Future value of a investment

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Q : Loss on the short sale

Q : State the probability that the yankees win at home

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