Question
The continuous interest rate for Canada is 4.20%, for the US is 3.878%, and for the Euro zone is 4.123%. The CAD/USD exchange rate is
The continuous interest rate for Canada is 4.20%, for the US is 3.878%, and for the Euro zone is 4.123%.
The CAD/USD exchange rate is 0.75000, and the EUR/USD exchange rate is 0.95000.
What is the 6 month CAD/USD forward exchange rate F0,0.5]?
What is the 6 month forward EUR/CAD exchange rate?
Include explanation and calculations
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Enhancing Financial Inclusion Through Islamic Finance Volume II
Authors: Abdelrahman Elzahi Saaid Ali , Khalifa Mohamed Ali , Mohamed Hassan Azrag
1st Edition
3030399389,3030399397
