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Business, 06.05.2020 07:38 fluffy37

Suppose that the spot price of the US dollar is 1 ($/Canadian dollar) and the one-year forward rate is 1.2 ($/Canadian dollar), and the 1-year on US deposits is 5 percent. What would the interest rate have to be in Canada to make you indifferent between putting your money there or here

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Suppose that the spot price of the US dollar is 1 ($/Canadian dollar) and the one-year forward rate...
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