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Assume a riskfree asset in the U . S . is currently yielding 4 . 1 percent, a Canadian risk - free asset is yielding
Assume a riskfree asset in the US is currently yielding percent, a Canadian riskfree asset is yielding percent, and the current spot rate is C$ What is the approximate threeyear forward rate if interest rate parity holds? C$ C$ C$ C$ C$
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