Question
Assume the current U.S. dollar-yen spot rate is $0.0088/. Further, the current nominal 1-year rate of return in Japan is -0.112% and 0.14% in the
Assume the current U.S. dollar-yen spot rate is $0.0088/. Further, the current nominal 1-year rate of return in Japan is -0.112% and 0.14% in the United States. What is the estimated forward exchange rate for 270 days? Use maximal decimals in your calculations.
113.42/$
113.85/$
113.64/$
113.35/$
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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
