Question: please explain!! 8. Please use the data below, to answer the following question. Interest rate in US (Rh): Interest rate in Canada (Rh): The current
8. Please use the data below, to answer the following question. Interest rate in US (Rh): Interest rate in Canada (Rh): The current spot rate for CAD (So): 1-year forward rate for CAD (F): 7% 5% $0.800 $0.812 What is your covered rate of return using CAD (Rcf)? a. 3.448% by 5.419% c. 6.575% d. 8.605% (1+us lo7
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