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/$)

Name: 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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Question

Quizplus · Accepted Answer

The expected spot rate one year from now is the forward rate, which is given as *70/$.

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