Question: 1. Given the following data (all for 1 year); U.S. Country X 3% 3% 2 4 Today's spot exchange rate is 11.5 pesos per dollar.

 1. Given the following data (all for 1 year); U.S. Country

1. Given the following data (all for 1 year); U.S. Country X 3% 3% 2 4 Today's spot exchange rate is 11.5 pesos per dollar. In equilibrium, what is the expected future spot rate (EFS) in one year

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