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Forward Premium on the Japanese Yen. Calculate the forward premium on the Japanese Yen ( ) if the spot rate is 1 4 6 .

Forward Premium on the Japanese Yen. Calculate the forward premium on the Japanese Yen () if the spot rate is
146.9934=$1.00 and the 6-month forward rate is 144.9972=$1.00. Note: Use a 360-day year.
The forward premium on the Japanese Yen() is
%.(Round to four decimal places.)
(Select from the drop-down menus.)
The dollar would be selling forward at a
against the yen, or equivalently, the yen selling forward against the dollar at a
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