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Currently the spot price for the Japanese yen is $ 0 . 0 0 7 7 5 / and the 6 - month forward rate
Currently the spot price for the Japanese yen is $ and themonth forward rate is $ You believe that the yen will move to $ in the next six months. You decide to purchase $ worth of yen at today's spot price and sell within the next six months at your expected future spot rate, how much will be your percentage gain or loss?
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