Question
> If annualized interest rates in the U.S. and Canada are 9% and 13%, respectively, and the spot value of the Canadian Dollar is $.8109,
> If annualized interest rates in the U.S. and Canada are 9% and 13%, respectively, and the spot value of the Canadian Dollar is $.8109, then at what 180-day forward rate will interest rate parity hold?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
