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13. Suppose that three-month interest rates (annualized) in Japan and the United States are 7% and 9%, respectively. If the spot rate is 142 JYP/USD

13. Suppose that three-month interest rates (annualized) in Japan and the United States are 7% and 9%, respectively. If the spot rate is 142 JYP/USD and the 90-day forward rate is 139 JPY/USD. a. Wher...

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