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Assume that the forward rate is used to forecast the spot rate. The forward rate of the Canadian dollar contains a 6 premium. Today's spot

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Assume that the forward rate is used to forecast the spot rate. The forward rate of the Canadian dollar contains a 6 premium. Today's spot rate of the Canadian dollar is 50.85. The spot rate forecasted for one year ahead is a $0.901 b. 50.848 OC 50,740 d. 56.752

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