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The treasurer of a major Canadian firm has CAD$32 million to invest for three months. The annual interest rate in Canada is 0.20 percent per

The treasurer of a major Canadian firm has CAD$32 million to invest for three months. The annual interest rate in Canada is 0.20 percent per month. The interest rate in the United Kingdom is 0.26 percent per month. The spot exchange rate is 0.631, and the three-month forward rate is 0.633.

What would be the value of the investment if the money is invested in CAD and Great Britain? (Do not round intermediate calculations. Round the final answers to 2 decimal places. Enter the answer in dollars. Omit $ sign in your response.)

CAD $
Great Britain $

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