Spot usd/cad is trading at 1.3850. Given 3-month US interest rate at 6% and 3 month Canadian interest rate at.?

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Joyc
Asked at 2012-08-01 11:37:02
Spot usd/cad is trading at 1.3850. Given that 3 month US interest rate at 6% and 3 month Canadian interest rate at 4.5%. What should the 3 month outright rate for USD/CAD? Solve.
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