A RESEARCH REPORT PRODUCED BY A DEALER INCLUDES THE FOLLOWING EXCH...

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A research report produced by a dealer includes the following exchange rates: Expected Spot Rate in One Year Spot Rate USD/EUR 1.396 1.386 USD/CAD 1.011 1.030 EUR/GBP 1.285 1.279 The most accurate calculation of the expected appreciation (%) of the Canadian dollar (CAD) relative to the British pound (GBP) is: A. 2.99% B. 0.7%. C. -2.04%