Question: please help me. please bold or identify your answer so i can follow. Suppose the spot exchange rate for the Canadian dollar is Can $1.09

please help me. please bold or identify your answer so i can follow.

Suppose the spot exchange rate for the Canadian dollar is Can $1.09 and the six-month forward rate is Can\$1.11. a. Which is worth more, a U.S. dollar or a Canadian dollar? b. Assuming absolute PPP holds, what is the cost in the United States of an Elkhead beer if the price in Canada is Can $2.70 ? (Round your answer to 3 decimal places, e.g., 32.161.) c. Is the U.S. dollar selling at a premium or a discount relative to the Canadian dollar? d. Which currency is expected to appreciate in value? e. Which country do you think has higher interest rates - the United States or Canada

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