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Assume the interest rate in Australia on one-year government debt securities is 10 percent and the interest rate on Japanese one-year debt is 5 percent
Assume the interest rate in Australia on one-year government debt securities is 10 percent and the interest rate on Japanese one-year debt is 5 percent Assume the current Australian dollar value of the Japanese yen is 0.0200 Using interest rate parity estimate the expected value of the Japanese yen in terms of Australian dollars one year from now?
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