a. Calculate whether international parity conditions hold between Japan and the United States. a. Calculate whether international parity conditions hold between Japan and the United States. The forecast difference in rates of inflation is % (U.S. higher than Japan). (Round to one decimal place.) The difference in nominal interest rates is % (higher in U.S.). (Round to one decimal place.) The forward premium on foreign currency is % (Japanese yen at a premium). (Round to one decimal place.) The forecast change in spot exchange rate is % (dollar expected to weaken). (Round to one decimal place.) power parity. According to Derek's calculations, the markets are indeed in equilibriumparity. This statement is b. Find the forece The forecasted cl (Select from the drop-down menu.) J Japanese yen/U.S. dollar (/\$) exchange rate one year from now. lese yen/U.S. dollar (/\$) exchange rate one year from now is \%. (Round to one decimal place.)