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Given that interest rate is 2.5% p.a. in USD, and .5% p.a. in JPY, and the spot exchange rate is 110 JPY/USD. What is the
Given that interest rate is 2.5% p.a. in USD, and .5% p.a. in JPY, and the spot exchange rate is 110 JPY/USD. What is the expected spot exchange rate 5 years later in JPY/USA?
- 124.0852
- B. 107.8537
- C. 99.6790
- D. 108.9876
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