You are expecting a payment of C$60,000 three years from now. The risk-free rate of return is 4.3 % in the U.S. and 4.8 % in Canada. The inflation rate is 3.7 % in the U.S. and 4.1 % in Canada. Suppose the current exchange rate is C$1 = $.9489. How much will the payment three years from now be worth in U.S. dollars?

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The Answer of You are expecting a payment of C$60,000 three years from now. The risk-free rate of return is 4.3 % in the U.S. and 4.8 % in Canada. The inflation rate is 3.7 % in the U.S. and 4.1 % in Canada. Suppose the current exchange rate is C$1 = $.9489. How much will the payment three years from now be worth in U.S. dollars?

You Are Expecting a Payment of C$60,000 Three Years from Now