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Alpha MNC expects the exchange rate of the Mexican Peso (MXN) to appreciate from its current level of A$0

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Alpha MNC expects the exchange rate of the Mexican Peso (MXN) to appreciate from its current level of A$0.063 to A$0.07 in 60 days. Details regarding Australian and Mexican annualised interest rates are given below:

Currency                                                 Lending rate                                            Borrowing rate Australian dollar (AS)                                   5.32%                                                            6.71%

Mexican Peso (MXN)                                   5.75%                                                            6.82%

What are the 60-day period lending rate for the Mexican peso and the 60-day period borrowing rate for the Australian dollars respectively

A. 0.95% and 1.12%

B. 0.89% and 1.14%

C. 0.48% and 1.12%

D.0.38% and 1.05%

E. None of the above