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The U.S. inflation rate is 2.41% annualized, and the Canadian inflation rate is 2.63% annualized. Todays spot rate of the Ca

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Answer #1

Canadian dollar's spot rate =Current Spot Rate*(1+US Inflation Rate)/(1+Canadian inflation rate)
=0.7955*(1+2.41%)/(1+2.63%)=0.7938

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The U.S. inflation rate is 2.41% annualized, and the Canadian inflation rate is 2.63% annualized. Today's spot rate...
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