Question
The nominal interest rate in US is 3.5% and 5.5% in Canada, and expected inflation in US is 3% and 4% in Canada. The spot
The nominal interest rate in US is 3.5% and 5.5% in Canada, and expected inflation in US is 3% and 4% in Canada. The spot rate of US dollar is $1.02 and one year forward rate is $.98. Does IRP hold?
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Environmental Finance And Investments
Authors: Marc Chesney, Jonathan Gheyssens, Anca Claudia Pana, Luca Taschini
2nd Edition
366248174X, 978-3662481745
