3. The forward rate Suppose the selling price of the six-month forward Canadian dollar is $0.8517...
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3. The forward rate Suppose the selling price of the six-month forward Canadian dollar is $0.8517 per dollar, and the spot price is $0.8506 per dollar. Complete the following formula for the per annum percentage premium (or discount) to calculate what the dollar is worth in the six-month forward market. Therefore, the Canadian dollar is at a spot market. against the U.S. dollar, because it is worth in the six-month forward market than in the Grade It Now Save & Continue Continue without saving 3. The forward rate Suppose the selling price of the six-month forward Canadian dollar is $0.8517 per dollar, and the spot price is $0.8506 per dollar. Complete the following formula for the per annum percentage premium (or discount) to calculate what the dollar is worth in the six-month forward market. Therefore, the Canadian dollar is at a spot market. against the U.S. dollar, because it is worth in the six-month forward market than in the Grade It Now Save & Continue Continue without saving
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