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a. Assume that you've taken a short position in Canadian dollar for 1M for a year. Using the following information, explain whether UIRP holds or

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a. Assume that you've taken a short position in Canadian dollar for 1M for a year. Using the following information, explain whether UIRP holds or not. Also, explain as a risk-neutral investor which currency you're likely to invest in and why? Use the arguments that were

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