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Homework: Chapter 9 Homework Question 7, Problem 9-15 (book/static) Part 1 of 3 HW Score: 0%, 0 of 10 points O Points: 0 of 2

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Homework: Chapter 9 Homework Question 7, Problem 9-15 (book/static) Part 1 of 3 HW Score: 0%, 0 of 10 points O Points: 0 of 2 Save 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, calculate the 90-day forward rates for a. Japanese yen /U.S dollar exchange rate b. Japanese yen/Australian dollar exchange rate c. Australian dollar/U.S. dollar exchange rate GETT Using the spot rates and 3-month interest rates, calculate the 90-day forward rates for: a. Japanese yen /U.S dollar exchange rate The 90-day forward rate for the Japanese yen / U.S. dollar exchange rate is $. (Round to two decimal places.) View an example Etext pages Financial calculator 111 Clear all Check answer Sos Question 7 Drohlam 0.15 Data table The table below contains economic, financial, and business indicators from 2015: Country Australia Japan United States Country Australia Japan United States i Caumpic Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States Industrial Gross Domestic Product Production Forecast Forecast Latest Qtr Qtr 2015e 20160 Recent Qtr 4.3% 4.6% 1.6% 4.3% 1.9 % 1.9 % Year Ago 4.0% 0.9% 2.1% Print CICAL pages Financiar Calculator 3.8% -1.2% 3.8 % Consumer Prices Latest 2.1% -0.2% 2.8% 4.1 % 2.0 % 2.0% Forecast 2015e 2.4% 0.0% 2.8% Done 3.5% 1.9% 2.2% Interest Rates 3-month Latest Unemployment Rate Latest 6.90 % 0.73 % 4.72 % 4.2% 3.8% 4.7% 1-yr Govt Latest 6.23% 1.65 % 4.54% I Data table Year Ago 4.0% 0.9 % 2.1% Consumer Prices Latest Forecast 2015e 2.1% -0.2% 2.8% 3-month Latest 2.4% 0.0 % 2.8% Current Account Country Australia Japan United States Trade Balance Last 12 mos Last 12 mos Forecast 15 Country (billion $) (billion $) (% of GDP) Oct 17th Year Ago Australia -13.0 -47.0 -5.7% 1.12 1.33 Japan 98.1 197.5 4.6% 117.00 119.00 United States -810.7 -793.2 -5.6 % 1.00 1.00 Note: Unless otherwise noted, percentages are percentage changes over one year. Rec Qtr recent quarter. Values for 2015e are estimates or forecasts. Print Done w on CAGNpice LICAL pages Tinancial Calculator Clear an Interest Rates 1-yr Govt Latest 6.90% 0.73 % 4.72% Current Units (per US$) 6.23% 1.65 % 4.54%

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