Question: On January 6 , 2 0 2 3 , you convert 5 0 0 , 0 0 0 U . S . dollars to Canadian

On January 6,2023, you convert 500,000 U.S. dollars to Canadian dollar in the spot foreign exchange market and purchase a six-month forward contract to convert canadian dollar into dollars. How much will you receive in U.S. dollars at the end of six months?
Note: Round your answer to 2 decimal places. (e.g., $32.00)
On January 6 , 2 0 2 3 , you convert 5 0 0 , 0 0

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