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Assume 1 dollar =100 Yen in the 3 month forward market and the 3 month risk-free rate is 8% in the U.S. and 1% in

Assume 1 dollar =100 Yen in the 3 month forward market and the 3 month risk-free rate is 8% in the U.S. and 1% in Japan. What is the spot rate? 0.00920.00890.00980.0095

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