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In this scenario, 1 Canadian dollar/U.S. dollar: $0.74337, the Canadian nominal annualized rate is 6% and the US nominal annualized rate is 5%. Using the

In this scenario, 1 Canadian dollar/U.S. dollar: $0.74337, the Canadian nominal annualized rate is 6% and the US nominal annualized rate is 5%. Using the interest rate parity, determine the indirect 90-day forward rate for Canadian dollar/U.S. dollar, and the direct 90-day forward rate U.S. dollar/Canadian dollar (show calculation completely).

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