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Intro Assume that the real interest rate is 2% in the U.S. and 1% in Canada. The annual nominal interest rate is 3.9% in the

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Intro Assume that the real interest rate is 2% in the U.S. and 1% in Canada. The annual nominal interest rate is 3.9% in the U.S. and 4.8% in Canada. The spot exchange rate is $0.75 per Canadian dollar. Part 1 Attempt 2/2 for 5 pts. What is the approximate expected spot exchange rate in one year (in U.S. dollars per Canadian dollar) according to the Fisher effect and purchasing power parity

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