Question: Question 5 1 pts The 1 year forward rate is CAD 1 . 5 6 / Euro . The Canadian risk free rate is 3

Question 5
1 pts
The 1 year forward rate is CAD 1.56/Euro. The Canadian risk free rate is 3.3%, the Euro risk free rate is 4.5%. If the Law of One Price holds, what should the spot exchange rate be, in CAD per Euro?
Question 5 1 pts The 1 year forward rate is CAD 1

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