If the exchange rate between the U.S. dollar and the Japanese yen is $0.00745 per yen, the
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Question:
If the exchange rate between the U.S. dollar and the Japanese yen is $0.00745 per yen, the dollar interest rate is 6% per year, and the Japanese interest rate is 7% per year, what is the "break-even" value of the future dollar/yen exchange rate one year from now (the rate at which the returns will have equal value)?
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