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Assume the spot rate on the Canadian dollar Is C$1.0947. The risk-free nominal rate In the U.S. is 3.8 percent while It Is 4.1 percent

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Assume the spot rate on the Canadian dollar Is C$1.0947. The risk-free nominal rate In the U.S. is 3.8 percent while It Is 4.1 percent In Canada. What one-year forward rate will create Interest rate parity? C$1.0915 C$1.0979 C$1.0799 C$1.1429 C$1.1362

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