The quoted interest rate on a 3 month Canadian security is 8%.The current exchange rate is C $1 = US $0.68.The 3 month forward rate is C $1 = US $0.70.The APR (denominated in US$)that a U.S.investor can earn by investing in the Canadian security is __________.

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The Answer of The quoted interest rate on a 3 month Canadian security is 8%.The current exchange rate is C $1 = US $0.68.The 3 month forward rate is C $1 = US $0.70.The APR (denominated in US$)that a U.S.investor can earn by investing in the Canadian security is __________.

The Quoted Interest Rate on a 3 Month Canadian Security