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You are expecting a payment of C$100,000 two years from now. The risk-free rate of return is 3.8 percent in the U.S. and 4.1 percent

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You are expecting a payment of C$100,000 two years from now. The risk-free rate of return is 3.8 percent in the U.S. and 4.1 percent in Canada. The inflation rate is 2 percent in the US and 3 percent in Canada. Suppose the current exchange rate is C$15.9132. How much will the payment two years from now be worth in U.S. dollars? $102,414 590,775 $108,851 $91,870 $88,202

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