30. Currently, in the market, the foregoing below has been observed. Interest rate parity holds and the market is in equilibrium. There are no arbitrage opportunities. In the spot market, 1 Euro = 0.88 USD while 1 CAD = 0.70 Euro In the 3-month forward market, 1 Euro = 0.75 USD while 1 Euro = 1.21 CAD 3-month risk-free Canadian securities have a 6% nominal annual interest rate. The spot exchange rate between the USD and the CAD, denominated in 1 unit of CAD is * (2 Points) 0.12 USD = 1 CAD 0.62 USD = 1 CAD O 0.22 USD = 1 CAD