Suppose in the spot market 1 U.S. dollar equals 1.3750 Canadian dollars. 6-month Canadian securities have an annualized return of 6.00% (and thus a 6-month periodic return of 3.00% ). 6-month U.S. securities have an annualized return of 6.50% and a periodic return of 3.25\%. If interest rate parity holds, what is the U.S. dollar-Canadian dollar exchange rate in the 180-day forward market? In other words, how many Canadian dollars are required to purchase one U.S. dollar in the 180-day forward market? Do not round the intermediate calculations and round the final answer to four decimal places. a. 1.454 b. 1.235 c. 1.372 d. 1,166 e. 1,139