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Assume a risk-free asset in the U.S. is currently yielding 2.1 percent while a Canadian risk-free asset is yielding 2.6 percent. The current spot rate

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Assume a risk-free asset in the U.S. is currently yielding 2.1 percent while a Canadian risk-free asset is yielding 2.6 percent. The current spot rate is CAD1.323. What is the approximate 2-year forward rate if interest rate parity holds? CAD1.3414 CAD1.3363 CCAD1.3396 CAD1.3450 CCAD1.3335

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