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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 . 9

Forward Premium on the Japanese Yen. Calculate the forward premium on the Japanese Yen ( if the spot rate is
146.9836=$1.00 and the 6-month forward rate is 144.9927=$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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