Assume there are speculators who attempt to capitalize on their expectation of the yens movement over the

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Assume there are speculators who attempt to capitalize on their expectation of the yen’s movement over the two months between the order and delivery dates by either buying or selling yen futures now and buying or selling yen at the future spot rate. Given this information, what is the expectation on the order date of the yen spot rate by the delivery date? (Your answer should consist of one number.)

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