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Assume that interest rate parity holds. In both the spot market and the 90-days forward market, 1 japanese yen equals 0.0086 dollar. In japan, 90-day
Assume that interest rate parity holds. In both the spot market and the 90-days forward market, 1 japanese yen equals 0.0086 dollar. In japan, 90-day risk-free securities yield 4.6%. What is the yield on 90-day risk-free securities in the united states?
The answer is Nom=US= 4.6%. how can I sole this in excel?
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