Candian Dollars spot rate is 1.25 dollars is equal to 1 US dollar. Annual interes trate on fixed rate 1-yr deposits is 2.5% for CD
Candian Dollars spot rate is 1.25 dollars is equal to 1 US dollar. Annual interes trate on fixed rate 1-yr deposits is 2.5% for CD and 1.5% for USD
What is the 9-month forward rate or 1 US Dollar in ratio to Canadian Dollar? Using the same interest rates, what is the 18-month forward rate? Is this is an indirect rate or a direct rate?
Will the Canadian dollar get stronger or weaker compred to the US dollar? assume forward rate correlates with exchange rate
how does Canada's market inflation rate compare to the US?
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Authors: Bang Nam Jeon, Ji Wu
1st Edition
1839820594, 978-1839820595
