Question
A yen futures contract settles one year from today. If spot yen is 97, the one year yen interest rate is 1% and the one
A yen futures contract settles one year from today. If spot yen is 97, the one year yen interest rate is 1% and the one year US interest rate is 3%, estimate the futures price you should find on the exchange.
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Multinational Finance Evaluating Opportunities Costs and Risks of Operations
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