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3-month t-bill interest rates are 2.00 percent per annum in Europe and 3.50 percent per annum in Canada. You conclude that The EUR is less
3-month t-bill interest rates are 2.00 percent per annum in Europe and 3.50 percent per annum in Canada. You conclude that The EUR is less valuable than the CAD. The EUR is less valuable than the CAD but the CAD trades at a 3-month forward discount against the EUR O The CAD trades at a 3-month forward premium against the EUR. O The CAD tradds at a 3-month forward discount against the EUR. O The EUR is more valuable than the CAD
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