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Today's spot rate of the Canadian dollar is $.77. The forward rate of the Canadian dollar contains a 3 percent premium.Use the forward rate to
Today's spot rate of the Canadian dollar is $.77. The forward rate of the Canadian dollar contains a 3 percent premium.Use the forward rate to forecast the spot rate for one year ahead.
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
