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Forward Rates. Use the table containing economic, financial, and business indicators to answer the following questions. Using the spot rates and 3-month interest rates in

Forward Rates. Use the table containing economic, financial, and business indicators to answer the following questions. Using the spot rates and 3-month interest rates in the table, calculate the 90-day forward rates for:

a. Japanese yen to U.S. dollar exchange rate

b. Japanese yen to Australian dollar exchange rate

c. Australian dollar to U.S. dollar exchange rate

a. Japanese yen to U.S. dollar exchange rate b. Japanese yen to Australian dollar exchange rate c. Australian dollar to U.S. dollar exchange rate Using the spot rates and 3 -month interest rates, calculate the 90 -day forward rates for: a. Japanese yen to U.S. dollar exchange rate The 90-day forward rate for the Japanese yen / U.S. dollar exchange rate is i. (Round to two decimal places.) Note: Unless otherwise noted, percentages are percentage changes over one year. Rec Qtr = recent quarter. Values for 2015e are estimates or forecasts

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