Suppose Canadian interest rates are presently 4.5% on one-year Canadian T-bills.Suppose that the U.S.dollar is quoted at US$1 = C$1.0695 and that the interest rate on one-year T-bills in the U.S.is 4.9%.What should the one-year forward exchange rate (C$/US$)be?

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The Answer of Suppose Canadian interest rates are presently 4.5% on one-year Canadian T-bills.Suppose that the U.S.dollar is quoted at US$1 = C$1.0695 and that the interest rate on one-year T-bills in the U.S.is 4.9%.What should the one-year forward exchange rate (C$/US$)be?

Suppose Canadian Interest Rates Are Presently 4