Question: Question 8 Please use the data below, to answer the following question. Interest rate in US (Rh): Interest rate in Canada (Rh): The current spot

 Question 8 Please use the data below, to answer the following

Question 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): $0.781 5% 7% $0.800 What is your covered rate of return using CAD (Rcf)? 2.506% 9.603% O 7.554 % 4459% 10 pts

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