Question
The spot exchange rate for the Canadian dollar (C$) is U.S.$0.980/C$. The 6-month interest rate in the United States is 2.5% and 3.0% in Canada.
The spot exchange rate for the Canadian dollar (C$) is U.S.$0.980/C$. The 6-month interest rate in the United States is 2.5% and 3.0% in Canada. What is the 6-month forward rate for the Canadian dollar? US$0.975/C$ US$0.985/C$ US$0.995/C$ US$0.990/C$
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The Oxford Handbook Of Hedge Funds
Authors: Douglas Cumming, Sofia Johan, Geoffrey Wood
1st Edition
0198840950, 978-0198840954
