Suppose the price indexes in mexico and the us which both, Financial Management

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Suppose the price indexes in mexico and the us which both

Suppose the price indexes in Mexico and the U.S., which both began the year at 100, are at 150 and 110, respectively, by the end of the year. If the exchange rate began the year at Mex$4.2 = $1 and ended the year at Mex$5.4= $1, then the percent change in the real value of the peso during the year is?

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Financial Management: Suppose the price indexes in mexico and the us which both

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