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Suppose the nominal interest rate in the united states is 3.5% and the nominal interest rate in Canada is 4% [Hint: home is the

Suppose the nominal interest rate in the united states is 3.5% and the nominal interest rate in Canada is 4% [Hint: home is the United States] A. give an approximate estimation of the U.S. Dollar's future appreciation or depreciation. B. Suppose the spot rate today is $1.15/CAD. what should the future exchange rate be in five years according to IFE [Hint; base on approximate estimation]

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