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Question 15 10 pts The spot currency exchange rate is 1.4852 $/CAD. What is the 1-year forward price if the US risk-free rate is 3.25%
Question 15 10 pts The spot currency exchange rate is 1.4852 $/CAD. What is the 1-year forward price if the US risk-free rate is 3.25% and the CAD risk-free rate is 4.12%, both compounded continuously per annum? Enter price rounded to the 4th digit, as in "0.1234" D Question 16 10 pts On February 28th a trader entered long oil forward contracts on 4000 barrels, maturing in 400 days, at F=$43.69 per barrel. Due to sudden coronavirus-related economic shocks, on March 8th, similar oil forwards expiring at the same time as the original contract (in 391 days) are priced at F=$32.80 per barrel. If the continuously compounded risk-free rate is r=4% per annum, what is the total value of the trader's original forward position as of March 8th? Enter answer in dollars, rounded to the nearest dollar. If negative, precede number with "-" symbol, as in "-55
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