6. (a) If interest rates in the U.S. and Canada are 5% and 6% respectively and the spot rate for dollar is C$1.4850, what is the 180-day equilibrium forward rate for US$? What is the forward premium/discount on US$? (b) If the quoted (actual) forward rate for US$ is C$1.4950, is there an opportunity for covered interest arbitrage? (12 points)

I need only part b