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A) 1-year USD/CAD Spot rate: 1.385 Risk-free USD rate: 1.15% p.a. Risk-free CAD rate: 0.5% p.a. What is the 1-year USD/CAD forward rate

A) 1-year USD/CAD

Spot rate: 1.385

Risk-free USD rate: 1.15% p.a.

Risk-free CAD rate: 0.5% p.a.

What is the 1-year USD/CAD forward rate

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