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Using Spot and Forward Exchange Rates Suppose the spot exchange rate for the Canadian dollar is Can$1.02 and the six-month forward rate is Can$1.03. (a)

Using Spot and Forward Exchange Rates Suppose the spot exchange rate for the Canadian dollar is Can$1.02 and the six-month forward rate is Can$1.03. (a) Which is worth more, a U.S. dollar or a Canadian dollar

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