A Canadian exporter, Victoria Exports, will be receiving six payments of 12,000, ranging from now to 12 months in the future. Since the company keeps cash balances in both Canadian dollars and U.s. dollars, it can choose which currency to change the euros to at the end of the various periods. Which currency appears to offer the better rates in the forward market? Please attach a filelworksheet showing how you calculated your answer. Period spot 1 month 2 months 3 months 6 months 12 months Days Forward 30 60 90 180 360 C$/euro 1.3360 1.3368 1.3376 1.3382 1.3406 1.3462 US$/euro 1.3221 1.3230 1.3228 1.3224 1.3215 1.3194