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If the no-arbitrage forward exchange rate for a euro in Japanese yen is less than the spot rate, then the interest rate in: A) Japan
If the no-arbitrage forward exchange rate for a euro in Japanese yen is less than the spot rate, then the interest rate in:
A) Japan is the same as in the eurozone.
B) the eurozone is less than in Japan.
C) Japan is less than in the eurozone.
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