Question: Using the data below, calculate the 90 day forward discount for the Canadian dollar. Express the discount as a negative percentage. Here are the relevant
Using the data below, calculate the 90 day forward discount for the Canadian dollar. Express the discount as a negative percentage. Here are the relevant rates for the Canadian dollar: Spot: C$1 = $1.0097 30 day forward: C$1 = $1.0088 90 day forward: C$1 = $1.0076 180 day forward: C$1 = $1.0067 (Enter your answer as a whole number with no symbols. For example, if you compute -1.23%, enter"-1.23") Your
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