What Is the Expected Spot Rate of */$(Canadian) One Year

question 116

Multiple Choice

What is the expected spot rate of */$(Canadian) one year from now if the current spot rate is *66/$and the Yen is selling one-year forward at *70/$?

• A)(*78.9/$)
• B)(*98.0/$)
• C)(*66/$)
• D)(*70/$)

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