WEMBA FNCE 719 - Finance Department
Mexico devalued their currency in December of 1987. Assume that the exchange rate at the end of January 1988 represents an equilibrium rate (benchmark for APPP). Using both the CPI and WPI data, plot the inflation-adjusted and the nominal spot rates for the . Mex Peso /US$ exchange rate from January 1988 onward. ................
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