[Solved] Suppose the spot rate for the Canadian do

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Suppose the spot rate for the Canadian dollar is 1.034, the 3-month forward rate is 1.036, and the 1-year forward rate is 1.039. If no

Suppose the spot rate for the Canadian dollar is 1.034, the 3-month forward rate is 1.036, and the 1-year forward rate is 1.039. If no other information is available, what will be your guess about the spot rate in 1 year?

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