Assuming International Fisherone version of purchasing power parityapplies to the coming year, forecast the following future spot

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Assuming International Fisher—one version of purchasing power parity—applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies:

a. Japanese yen to U.S. dollar in one year

b. Japanese yen to Australian dollar in one year

c. Australian dollar to U.S. dollar in one yearimage text in transcribed

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Multinational Business Finance

ISBN: 9781292445960

16th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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