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A five - year, 9 . 0 percent Euroyen bond sells at par. A comparable risk five - year, 1 0 . 5 percent yen
A fiveyear, percent Euroyen bond sells at par. A comparable risk fiveyear, percent yen per dollar dual currency bond pays $ at maturity. It sells for What is the implied per $ exchange rate at maturity? Hint: The dualcurrency bond pays percent interest on a notional value of whereas the par value of the bond is not necessarily equivalent to
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