Business, 15.07.2020 01:01 dmgboos6

Suppose the spot exchange rate for the Canadian dollar is Can$1.02 and the six-month forward rate is Can$1.04.a. Which is worth more, a U. S. dollar or a Canadian dollar?Canadian dollarU. S. dollarb. Assuming absolute PPP holds, what is the cost in the United States of an Elkhead beer if the price in Canada is Can$3.15? (Round your answer to 3 decimal places, e. g., 32.161.)Cost in U. S. dollars$ c. Is the U. S. dollar selling at a premium or a discount relative to the Canadian dollar?PremiumDiscountd. Which currency is expected to appreciate in value?Canandian dollarU. S. dollare. Which country do you think has higher interest rates - the United States or Canada?United StatesCanada

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Suppose the spot exchange rate for the Canadian dollar is Can$1.02 and the six-month forward rate is...

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