Suppose you observe the following spot and forward exchange rates between the U.S. dollar ($) and the Canadian dollar (C$): Canadian dollar (U.S. dollar/Canadian dollar) Spot exchange rate (0.8711) One -Year Forward Exchange Rate (0.8903) The current one-year interest rate on U.S. Treasury securities is 8.03%. If interest rate parity holds, what is the expected yield on one-year Canadian securities of equal risk?