What was the spot exchange rate of canadian dollars for u. s. dollars (usd/cad) on july 15, 2016? (round your answer to 4 decimal places. (e. g., 32.1616)) b. what was the six-month forward exchange rate of canadian dollars for u. s. dollars (usd/cad) on july 15, 2016? (round your answer to 4 decimal places. (e. g., 32.1616)) c. what was the three-month forward exchange rate of u. s. dollars for japanese yen (jpy/usd) on july 15, 2016? (round your answer to 7 decimal places. (e. g., 32.1616161))

a) (USD/CAD) on July 15, 2016 was 1.2937

b) six-month forward rate of (USD/CAD)= 0.0165

c) hree-month forward exchange rate of (JPY/USD) on July 15, 2016 is 0.0105263

Explanation:

a) Please see the exchange rate on this link: https://www.poundsterlinglive.com/bank-of-england-spot/historical-spot-exchange-rates/usd/USD-to-CAD-2016

b) Now it's too far to check forward rate in 2016, so we have to calculate ourselves

6 month forward rate = exchange rate on 15 Jan 2017/ exchange rate on 15 July 2016 -1 = 1.3151/1.2937 -1 = 1.65% semi annual or 3.3%pa

c) please see link https://www.currency-converter.org.uk/currency-rates/historical/table/JPY-USD.html

15/07/20161 JPY =0.0095 USD

15/10/20161 JPY =0.0096 USD

3 month forwar rate = 0.0096/0.0095-1 = 0.0105263

answer; balance sheets;