The following data is from $2021.$ Make sure that for all Exchange rates and Forward rates you USE $4$ DECIMAL PLACES. All other answers you may round to $2$ decimal places.

You are considering a Covered Interest Arbitrage $($Carry Trade$)$ between the US and Mexico over the next $90$ days. The following data apply $($all borrowing & lending rates are annualized$).$ Note: Use $90/360$ to convert to $90-$day rates.

US: Lending rate $=2\mathrm{.}25\%,$ Borrowing rate $=2\mathrm{.}75\%$

Mexico: Lending rate $=6\mathrm{.}35\%,$ Borrowing rate $=7\mathrm{.}00\%$

Spot rate of Mexican Peso $($MXN$)=$ USD $0\mathrm{.}047$ per $1$ MXN

$90-$day Forward rate quote $=0\mathrm{.}0477$ USD per $1$ MXN

Assume you have USD $1070356$ in capital.

Part $1$: You will borrow Blank $1.$ Calculate the answer by read surrounding text. units of currency in the country from which you will borrow from over the next $90-$days.

Part $2$: You will lend Blank $2.$ Calculate the answer by read surrounding text. units of currency in the country in which you will lend in for the next $90$ days.

Part $3$: You will be paid Blank $3.$ Calculate the answer by read surrounding text. Mexican Pesos in $90-$days.

Part $4$: The number of Mexican Pesos from the previous Part will convert to Blank $4.$ Calculate the answer by read surrounding text. USD.

Part $5$: In $90-$days you will owe Blank $5.$ Calculate the answer by read surrounding text. USD.

Part $6$: Your Profit in will be Blank $6.$ Calculate the answer by read surrounding text. USD.

Part $7$: Your $90-$daypercent Return will be Blank $7.$ Calculate the answer by read surrounding text. $\%$

Part $8$: The Forward rate at which your profit from this trade is zero equals Blank $8.$ Calculate the answer by read surrounding text. USD per $1$ MXN$.$ Your answer should be with $4$ DECIMAL PLACES.