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If the U.S. interest rate is 7% and Canada interest rate is 11%. Assume that interest rate parity holds, the forward rate on the Canadian

If the U.S. interest rate is 7% and Canada interest rate is 11%. Assume that interest rate parity holds, the forward rate on the Canadian dollar exhibits a of_ percent. O discount: 3.60 O premium: 3.60 discount: 2.65 O premium; 2.65

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