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The spot exchange rate for the Canadian dollar is CAD1.02 = USD1. The 6-month interest rate in the United States is 2.5% and 3.0% in
The spot exchange rate for the Canadian dollar is CAD1.02 = USD1. 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?
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Comparative international accounting
Authors: Christopher nobes, Robert parker
9th Edition
273703579, 978-0273703570
