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4. Foreign Currency per $ $ per Foreign Currency Canadian $.9000 1.1111 Denmark $.2500 4.0000 Euro $1.2000 .8333 d. If the risk-free rate in Canada

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4. Foreign Currency per $ $ per Foreign Currency Canadian $.9000 1.1111 Denmark $.2500 4.0000 Euro $1.2000 .8333 d. If the risk-free rate in Canada is 3% 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? e. If the direct spot rate for the Canadian dollar is $.90. What should the 1 year forward rate be

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