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Given the following information on the spot and forward exchange rates for the British Pound against the Japanese Yen ( these are direct quotes in

Given the following information on the spot and forward exchange rates for the British Pound against the Japanese Yen (these are direct quotes in Japan): BOTH BID AND ASK ARE PROVIDED BELOW; USE BID RATES.
Spot: 145-165
95 day forward: 165-185
175 day forward: 175-195
a) Compute the forward premiums of discounts for the British Pound against the Japanese Yen for the 95 and the 175 day maturities.
b) Based on your computations, what is the market forecast for the Japanese Yen against the British Pound in 95-175 days?

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