The CAD/USD exchange rate at the beginning of the year 2015 is 1.9235. The interest rates in the year 2015 were 4.08% for Canada and 2.34% for US. Calculate the CAD/USD PPP exchange rate at the...


The CAD/USD exchange rate at the beginning of the year 2015 is 1.9235. The interest rates<br>in the year 2015 were 4.08% for Canada and 2.34% for US.<br>Calculate the CAD/USD PPP exchange rate at the beginning of the year 2016.<br>A. CAD/USD 1.9562<br>B. USD/CAD 1.9562<br>C. CAD/USD 1.9235<br>D. USD/CAD 1.8752<br>

Extracted text: The CAD/USD exchange rate at the beginning of the year 2015 is 1.9235. The interest rates in the year 2015 were 4.08% for Canada and 2.34% for US. Calculate the CAD/USD PPP exchange rate at the beginning of the year 2016. A. CAD/USD 1.9562 B. USD/CAD 1.9562 C. CAD/USD 1.9235 D. USD/CAD 1.8752

Jun 04, 2022
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