Question
If the spot excahnge rate for the US/Canadian dollar rate was 1.0150 in 2011 and risk-free rate was 3.5% in Canada and 2.5% in US,
If the spot excahnge rate for the US/Canadian dollar rate was 1.0150 in 2011 and risk-free rate was 3.5% in Canada and 2.5% in US, what would be the expected exchange rate in 2013? (about 2 yrs). USE the AMOATENG GUT-CHECK to forecast it
| A. | -$0.9955 | |
| B. | $0.9955 | |
| C. | $1.0349 | |
| D. | -$1.0349 | |
| E. | none |
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Problems In Portfolio Theory And The Fundamentals Of Financial Decision Making
Authors: Leonard C Maclean, William T Ziemba
1st Edition
9814749931, 978-9814749930
