If the spot rate was $1.0413/C$ and the 90-day forward rate was $1.0507/C$, how much more (in

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If the spot rate was $1.0413/C$ and the 90-day forward rate was $1.0507/C$, how much more (in U.S. dollars) would you receive by selling C$1,000,000 at the forward rate than at the spot rate?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:45 AM

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If the spot rate was $1.0413/C$ and the 90-day forward rate was $1.0507/C$, how much more (in

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Fundamentals of corporate finance

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