Question: Using the exchange rates below, calculate the three - , six - , and nine - month forward premium or discount for the Canadian dollar

Using the exchange rates below, calculate the three-, six-, and nine-month forward premium or discount for the Canadian dollar versus the U.S. dollar using American term quotations. For simplicity, assume each month has 30 days. What is the interpretation of your resultiof
\table[[,USD/CAD],[Spot rate,0.7879],[3-month forward,0.7848],[6-month forward,0.7841],[9-month forward,0.7839]]
Using the exchange rates below, calculate the three-, six-, and nine-month

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