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Consider the following information: spot $/Yen = 0.01 1-year r US = 2% 1-year r Japan = 4% If interest rate parity holds what is
Consider the following information: spot $/Yen = 0.01 1-year rUS= 2% 1-year rJapan = 4%
If interest rate parity holds what is the 1 year forward $/Yen exchange rate?
0.1020 |
102.5432 |
0.0098 |
98.5532 |
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