A television set sells for $645 U.S. dollars. In the spot market, $1 = 133 Japanese yen. If purchasing power parity holds, what should be the price (in yen) of the same television set in Japan?

A. 55,785 yen

B. 65,785 yen

C. 75,785 yen

D. 85,785 yen

E. 95,785 yen

Assume that 90-day U.S. securities have a 3.0% annualized interest rate, whereas 90-day Canadian securities have a 3.6% annualized interest rate. In the spot market, 1 U.S. dollar can be exchanged for 1.43 Canadian dollars. If interest rate parity holds, what is the 90-day forward rate exchange between U.S. and Canadian dollars (in terms of Canadian dollars per U.S. dollar)?

A. C$ 1.2889/$1

B. C$ 1.4321/$1

C. C$ 1.5753/$1

D. C$ 1.7902/$1

E. C$ 1.9047/$1