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The President of the OMICRON Exchange Bank is offering you the Financial Analyst position because he / she admires your knowledge and your character. (

The President of the "OMICRON" Exchange Bank is offering you the Financial Analyst position because he/she admires your knowledge and your character.(a.) The Spot Exchange Rate is 1 USA dollar is equal to 1.31 Canadian dollar. Given that the nominal interest rates in U.S.A and Canada are 4% and 5% respectively determine the seven-year Forwards.(b.) What are the Direct and Indirect ExchangeRates?(c.) What is the final Appreciation/Depreciation level of these two Global Currencies?(d.) What is a Zero-Sum Game?

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