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A Japanese invostor can eam a 1 percent annuat interest rate in Japan-or about 3.5 percent per year in the United States. If the spot

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A Japanese invostor can eam a 1 percent annuat interest rate in Japan-or about 3.5 percent per year in the United States. If the spot exchange.rate is 101 yen to the dolist, at what one-yeat forward rate would an investor be indifferent between the US, and Jopanese investments? Muitiple choice *9856 Nio16is 770350

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