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The spot exchange rate between the dollar and the Canadian dollar (C$) is $0.83/C$. Suppose that the risk-free rates in the United States and in

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The spot exchange rate between the dollar and the Canadian dollar (C\$) is $0.83/C$. Suppose that the risk-free rates in the United States and in Canada are 5% and 4%, respectively. What should the futures price of the Co fora one-umen contract be to prevent arbitrage opportunities, ignoring transaction costs, 50.82/CS \$1.19:C5 S0.84/CS samsices 50.98/CS 51.221cs

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