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7. Ketill Inc. is an American firm that will pay 28,000,000Japanese yen (JPY) in one year. The spot exchange rate is USD0.0119/JPY and the forward

7. Ketill Inc. is an American firm that will pay 28,000,000Japanese yen (JPY) in one year. The spot exchange rate is USD0.0119/JPY and the forward exchange rate is USD 0.0106/JPY. Theinvesting and 1 answer

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