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he peso/Canadian dollar spot rate is C$.12/MP and the peso sells at a 3% forward premium.Find the current forward rate. C$.1212/MP C$.1164/MP C$8.0989/MP None of

he peso/Canadian dollar spot rate is C$.12/MP and the peso sells at a 3% forward premium.Find the current forward rate.

C$.1212/MP

C$.1164/MP

C$8.0989/MP

None of the above

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