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The dollar-Canadian dollar exchange rate is $0.8680/C5. The dollar six-month forward rate is quoted at a 6.48% discount. Calculate the outright six-month forward for the
The dollar-Canadian dollar exchange rate is $0.8680/C5. The dollar six-month forward rate is quoted at a 6.48% discount. Calculate the outright six-month forward for the Canadian dollar in terms of the dollar. $0.8971/05 $0.9317/05 $0.8408/05 $0.8152/CS $0.8399/CS
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