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Suppose the spot exchange rate is C$1, 064 and the six-month forward rate is C$1, 071. The U.S. dollar Is selling at a relative to

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Suppose the spot exchange rate is C$1, 064 and the six-month forward rate is C$1, 071. The U.S. dollar Is selling at a relative to the Canadian dollar and the U.S. dollar is expected to relative to the Canadian dollar. Premium; depreciate Discount; appreciate Premium; remain constant Discount; depreciate Premium; appreciate

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