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4. Using Spot and Forward Exchange Rates Suppose the spot exchange rate for the Canadian dollar is Can$1.09 and the sox-month forward rate is Can$1.13.

4. Using Spot and Forward Exchange Rates Suppose the spot exchange rate for the Canadian dollar is Can$1.09 and the sox-month forward rate is Can$1.13. a. Which is worth more, a US. dollar or a Canadian dollar

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