Question: Please use excel to solve. With formulas 3 5 Using spot and forward exchange rates - Excel FILE HOME ? G INSERT - X PAGE

Please use excel to solve. With formulas

3 5 Using spot and forward exchange rates - Excel FILE HOME ? G INSERT - X PAGE LAYOUT FORMULAS DATA REVIEW VIEW X Sign In Cabbri AA %6 Paste 20 B IU- - A Alignment Number Conditional Format as Cell Formatting Table Styles styes Cells Editing Clipboard Tont A1 v X D E G H 2 3 Suppose the spot exchange rate for the Canadian dollar is Can$1.09. What is the value of the U.S. dollar per Canadian dollar? Assuming absolute PPP holds, what is the cost in the United States of an Elkhead beer if the price in Canada is Can$2.502 Can$/U.S.$ Price of beer in Canada $ $ 1.09 2.50 Complete the following analysis. Do not hard code values in your calculations. U.S.$/Cans Price of beer in U.S

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