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Suppose the spot exchange rate for the Canadian dollar isCan$1.13 and the six-month forward rate is Can$1.15.a. Which is worth more, a U.S. dollar or
Suppose the spot exchange rate for the Canadian dollar isCan$1.13 and the six-month forward rate is Can$1.15.a. Which is worth more, a U.S. dollar or a Canadian dollar?b. Assuming absolute PPP hold 2 answers
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
