Refer to Table 91. (LG 9-4) a. What was the spot exchange rate of Canadian dollars for

Question:

Refer to Table 9–1. (LG 9-4)

a. What was the spot exchange rate of Canadian dollars for U.S. dollars (USD/CAD) on March 13, 2020?

b. What was the six-month forward exchange rate of Canadian dollars for U.S. dollars (USD/CAD) on March 13, 2020?

c. What was the three-month forward exchange rate of U.S.

dollars for Japanese yen (JPY/USD) on March 13, 2020?

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