Problem 5-2 (algorithmic) 1 con Question Help Victoria Exports (Canada). A Canadian exporter, Victona Exports will be receiving six payments of 613,600, ranging from now to 12 months in the future Since the company keeps cash balances in both Canadian dollars and US dollars it can choose whic currency to exchange the euros for at the end of the various periods. Which currency appears to offer the better rates in the forward market? (Click on the icon to import the table into a spreadsheet) Days Forward Period spot 1 month 2 months 3 months 6 months 12 months 30 60 90 180 360 C$leuro 1.3377 1.3406 1.3435 1 3462 1.3490 1.3516 US$/euro 1.3199 13202 1 3205 1-3209 1 3215 13244 Calculate the forward premium the Canadian dollar proceeds, and the difference from the spolrate proceeds in the CS/Euro forward market below (Round the forward premium to three decimal places and the Canadian dollar amounts to the nearest count Forward Premium CS Proceeds of Days Forward Difference Over Spot Period CSleuro on the C$/euro 13,600 Spot 0 1 3377 cs Problem 5-2 (algorithmic) 1 con Question Help Victoria Exports (Canada). A Canadian exporter, Victona Exports will be receiving six payments of 613,600, ranging from now to 12 months in the future Since the company keeps cash balances in both Canadian dollars and US dollars it can choose whic currency to exchange the euros for at the end of the various periods. Which currency appears to offer the better rates in the forward market? (Click on the icon to import the table into a spreadsheet) Days Forward Period spot 1 month 2 months 3 months 6 months 12 months 30 60 90 180 360 C$leuro 1.3377 1.3406 1.3435 1 3462 1.3490 1.3516 US$/euro 1.3199 13202 1 3205 1-3209 1 3215 13244 Calculate the forward premium the Canadian dollar proceeds, and the difference from the spolrate proceeds in the CS/Euro forward market below (Round the forward premium to three decimal places and the Canadian dollar amounts to the nearest count Forward Premium CS Proceeds of Days Forward Difference Over Spot Period CSleuro on the C$/euro 13,600 Spot 0 1 3377 cs