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Assume a risk-free 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
Assume a risk-free 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 CS1.2633. What is the approximate three-year forward rate if interest rate parity holds? C$1.2684 O C$1.2789 C$1.2582 C$1.2541 C$1.2482
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