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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 U.S. is currently yielding 4.1 percent, a Canadian risk-free asset is yielding 3.7 percent, and the current spot rate is C$1.2633. What is the approximate three-year forward rate if interest rate parity holds? C$1.2785 C$ 1.2482 C$1.2582 C$1.2684 C$1.2541

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