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If annual interest rates in the U.S. and Canada are 9% and 13%, respectively, and the spot value of the Canadian dollar is USD 0.9120
If annual interest rates in the U.S. and Canada are 9% and 13%, respectively, and the spot value of the Canadian dollar is USD 0.9120 / CAD, then the 6-month forward rate should be for interest rate parity to hold.
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
