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2 of 10 (0 complete) O correct Problem 5-2 (algorithmic) Question Help Victoria Exports (Canada). A Canadian exporter Victoria Exports will be receiving six payments
2 of 10 (0 complete) O correct Problem 5-2 (algorithmic) Question Help Victoria Exports (Canada). A Canadian exporter Victoria Exports will be receiving six payments of 13,000 ranging from now to 12 months in the future Since the company keeps cash balances in both Canadian dollars and US dollars, it can choose which currency to exchange the euros for at the end of the various periods Which currency appears to offer the better rates in the Torward market? (Click on the icon to import the table into a spreadsheet) Days Forward Click to copy table. Period spot 1 month 2 months 3 months 6 months 12 months 30 60 90 180 360 CSleuro 1 3355 1.3379 1 3404 1 3427 1 3448 103469 USS/euro 1.3233 1 3238 1 3244 1 3246 1.3248 1 3269 Calculate the forward premium, the Canadian dollar proceeds and the difference from the spot rate proceeds in the CS/Euro forward market below (Round the forward premium to three decimal places and the Canadian dollar amounts to the nearest cent) Forward Premium C$ Proceeds of Days Forward Difference Over Spot Period CS/euro on the Sleuro 13,000 Spol 1 3355 OS CS 0
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