Existing spot rate for six-month canadian dollar

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1. The spot rate of Canadian dollar to US dollar is 0.73000 and the 6-month forward rate is 0.73057. What is the premium from the existing spot rate for the 6-month Canadian dollar?

a. 0.108%

b. 0.114%

c. 0.156%

d. 0.161%

2. In economic expansions, the dollar usually

A) remains unaffected.

B) depreciates.

C) appreciates.

D) follows no consistent pattern.

Reference no: EM131920842

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