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New AN Question 27 (4 points) The spot exchange rate between the U.S. Dollar and the Canadian Dolla is $0.311. They lowed exchange rate is

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New AN Question 27 (4 points) The spot exchange rate between the U.S. Dollar and the Canadian Dolla is $0.311. They lowed exchange rate is $0.85/C$. If one-year risk-free rates in the U.S. are 10%, what is the Canadian dollar tak free rate? 3.53% 2.33% 6 4.15% 5.21%

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