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6 of 38 Assume that Canadian (domestic) interest rate is 3%, EU (foreign) interest rate is 6%, and the nominal exchange rate is $0.67 Canadian

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6 of 38 Assume that Canadian (domestic) interest rate is 3%, EU (foreign) interest rate is 6%, and the nominal exchange rate is $0.67 Canadian per 1 euro. According to the covered interest rate parity, what should be the corresponding forward price of euro in Canadian dollars? O A $1.54 OB. $0.65 OC. $1.46 OD. $0.69 Unsure

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