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< Foward Quote 2. [ 12 pts. ] If annualized interest rates in Canada and Europe are 3.0% and 6.4% respectively, and the spot

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< Foward Quote 2. [ 12 pts. ] If annualized interest rates in Canada and Europe are 3.0% and 6.4% respectively, and the spot value is 1.5 CA$ / Euro, then what 270-day forward exchange rate is consistent with interest rate parity (international Fisher effect)? Answer to 4 decimals.xxxx

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