Question
You are expecting a payment of 800,000PLN 2 years from now. The risk-free rate of return is 4.5 % in Canada and 3 % in
You are expecting a payment of 800,000PLN 2 years from now. The risk-free rate of return is 4.5 % in Canada and 3 % in Poland. Currently, you can buy 323PLN for $100. How much will the payment 2 years from now be worth in Canadian dollars?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
