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A ten-year;, 5 percent Euroyen bond sells at par. A comparable risk ten-year;, 6 percent coupon yen/dollar ual currency bond pays $900.00 at maturity. It
A ten-year;, 5 percent Euroyen bond sells at par. A comparable risk ten-year;, 6 percent coupon yen/dollar ual currency bond
pays $900.00 at maturity. It sells for 110,000. What is the implied /$ exchange rate at maturity (S10(/$) J? (The dual-
currency bond pays 6% interest on a notional value of 100,000.)
O 124.8562
O 115.2349
O 120.4572
O 157.9224
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Corporate Treasury And Cash Management
Authors: Robert Cooper
1st Edition
1349512699, 9781349512690
