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4) Forward Premiums on the Japanese Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (=/$) exchange rate from September 16,

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4) Forward Premiums on the Japanese Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (=/$) exchange rate from September 16, 2010, to answer the following questions: ( 3 marks) a. What is the mid-rate for each maturity? b. What is the annual forward premium (Discount) for all maturities

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