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Facts: Calculations: The current U.S. dollar-yen spot rate is 100/$. If the 90-day yen is at a 5% discount, what is the 90-days forward

Facts: Calculations: The current U.S. dollar-yen spot rate is 100/$. If the 90-day yen is at a 5% discount, what is the 90-days forward exchange rate for $ (ie., calculate F90(Y/$)?

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