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4. $ / Foreign Currency Foreign Currency / $ Canadian $.6500 1.5385 Denmark $.1731 5.77701 Euro $.9666 1.0346 a. How many Canadian dollars would you
4. $ / Foreign Currency Foreign Currency / $ Canadian $.6500 1.5385 Denmark $.1731 5.77701 Euro $.9666 1.0346 a. How many Canadian dollars would you receive for $200?
b. A Mercedes costs Euros 153,636. How many $ would you need?
c. What is the cross rate of Canadian $ and Denmark?
d. If the risk free rate in Canada is 5% and the risk free rate in the USA is 4%, would the Canadian $ 6 month forward exchange rate be selling at a discount or premium exchange rate?
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