Business, 03.12.2019 21:31 mleighaj9560
Au. s. investor purchased a c$100,000 canadian dollar cd 6 months ago at an apr of 7 percent. the canadian spot rate was 1.367 c$/u. s.$ when the investment was made. the u. s. dollar cost of the investment was and the total amount of canadian investment was c$ after 6 months.
a) $136,700; c$107,000
b) $73,153; c$107,000
c) $73,153; c$103,500
d) $136,700; c$103,500
Answers: 2
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Au. s. investor purchased a c$100,000 canadian dollar cd 6 months ago at an apr of 7 percent. the ca...
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