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8. Theory suggests that the interest rate parity condition must hold. Please obtain for the past 5 years (monthly, quarterly, or yearly) USD/CAD spot exchange

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8. Theory suggests that the interest rate parity condition must hold. Please obtain for the past 5 years (monthly, quarterly, or yearly) USD/CAD spot exchange rates, USD/CAD forward rates for 1 year ahead, and yields on 1 year US and Canadian securities. Calculate the rate of return differential for each period. Does the interest rate parity seem to hold? Please include an excel file showing this data. 8. Theory suggests that the interest rate parity condition must hold. Please obtain for the past 5 years (monthly, quarterly, or yearly) USD/CAD spot exchange rates, USD/CAD forward rates for 1 year ahead, and yields on 1 year US and Canadian securities. Calculate the rate of return differential for each period. Does the interest rate parity seem to hold? Please include an excel file showing this data

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