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Assume that the annual interest rate on a six-month U.S. Treasury bill is 5 percent. find out the annual interest rate on six-month bills in

Canada and Japan.

Canada spot rate 1.0515

Canada forward rate 1.048

Japan spot rate 121.97

Japan forward rate 119.18

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M944903

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