The spot exchange rate is 88 us dollars per canadian dollar, Financial Management

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The spot exchange rate is 88 us dollars per canadian dollar

If interest parity holds and the interest rate in Canada. is 5.5 percent, the interest rate in the US is 4 percent, the spot exchange rate is .88 U.S. dollars per Canadian dollar, what must be the one-year forward exchange rate?

Is the U.S. dollar expected to appreciate or depreciate against the Canadian dollar?

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Financial Management: The spot exchange rate is 88 us dollars per canadian dollar

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Financial Management: The spot exchange rate is 88 us dollars per canadian dollar

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