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ACCOUNTING 633 Assume the following financial information between Canada and Germany. S...

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ACCOUNTING 633 image
Assume the following financial information between Canada and Germany. S (/$) F6 ((/$) $cf rf 0.5599 0.5569 1.9% 1.47% Note: S = spot exchange rate, F6 = 6-month forward exchange rate pt = 6-month T-bill rate each. Which country is more profitable to invest in? 1. Canada 2. Germany

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