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The spot exchange rate for $/ Canadian Dollar is 0.75. The interest rates in US is 0.4%, whereas the interest rates in Canada is 0.2%.

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The spot exchange rate for $/ Canadian Dollar is 0.75. The interest rates in US is 0.4%, whereas the interest rates in Canada is 0.2%. This means that the forward rate for $/ Canadian Dollar will be higher than 0.75 O True O False

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