is quoted as Bid and Ask. The six-month forward rate is quoted as Bid and
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is quoted as “ Bid and Ask.” The six-month forward rate is quoted as “ Bid and Ask.” Assume you reside in the United States. Calculate forward quotes for the Canadian dollar as an annual percentage premium or discount. Would a trader in Canada get a different answer if asked to calculate the annual percentage premium or discount on the U.S. dollar? Why?
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Related Book For 
Multinational Finance Evaluating The Opportunities Costs And Risks Of Multinational Operations
ISBN: 9781119219682
6th Edition
Authors: Kirt C. Butler
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