Question: The current one- year interest rate on U,S. Treasury securities is 7.77%. If interest rate parity holds, what is the expected yield on one-year Canadian

The current one- year interest rate on U,S. Treasury securities is 7.77%. If interest rate parity holds, what is the expected yield on one-year Canadian securities of equal risk? Spot Exchange Rate= 0.8932 One-year Forward Exchange Rate = 0.9133

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