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You are expecting a payment of C$ 6 0 , 0 0 0 three years from now. The risk - free rate of return is

You are expecting a payment of C$60,000 three years from now. The risk-free rate of return is 4.3% in the U.S. and 4.8% in Canada. The inflation rate is 3.7% in the U.S. and 4.1% in Canada. Suppose the current exchange rate is C$1= $0.9489. How much will the payment three years from now be worth in U.S. dollars?question$28,887$56,088$30,132$70,516$52,603

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