Question: Please review and answerthe question below. Please Putthe answer in bold. Suppose pu have 21 in U.S. dollars (LED) and want to trade currercies. Your

Suppose pu have 21 in U.S. dollars (LED) and want to trade

Please review and answerthe question below. Please Putthe answer in bold.

currercies. Your financial analyst suggests buying Mexican pesos (MIN) since they're expected

Suppose pu have 21 in U.S. dollars (LED) and want to trade currercies. Your financial analyst suggests buying Mexican pesos (MIN) since they're expected to strengthen. The initial exchange rate was MXN 19.50 for USD l. Assume thatyou make a transaction, and in a month, the exchange rate changes to MXN 19.20. Calculate your proft or loss if you sell MXN for USD a month after the purchase. Write pur answer as a positive number if you receive a profit or as a negative number if you receive a loss. If necessary, round any intermediate calculations and your final answer to the nearest whole number. Answer 2.5 Points USD Keypad Keyboard Shortcuts

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