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Assume a risk-free asset in the U.S. is currently yielding 1.9 percent while a Canadian risk-free asset is yielding 2.3 percent. The current spot rate

Assume a risk-free asset in the U.S. is currently yielding 1.9 percent while a Canadian risk-free asset is yielding 2.3 percent. The current spot rate is CAD1.361. What is the approximate 2-year forward rate if interest rate parity holds? CAD1.3688 CAD1.3719 CAD1.3754 CAD1.3786 CAD1.3799

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