The current spot rate is C$1.400 and the one-year forward rate is C$1.344. The nominal risk-free rate

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The current spot rate is C$1.400 and the one-year forward rate is C$1.344. The nominal risk-free rate in Canada is 4 percent while it is 8 percent in the U.S. Using covered interest arbitrage, you can earn an extra _____ profit over that which you would earn if you invested $1 in the U.S.

Posted Date: May 19, 2024 07:16 AM

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The current spot rate is C$1.400 and the one-year forward rate is C$1.344. The nominal risk-free rate

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