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If the spot exchange rate is 124.2 / $, the one-year risk-free rate is 2.1% in U.S. and 1.2% in Japan, what is the one-year
If the spot exchange rate is 124.2 / $, the one-year risk-free rate is 2.1% in U.S. and 1.2% in Japan, what is the one-year forward exchange rate on the yen in yen / $?
A. | 123.11 / $ |
B. | 124.98 / $ |
C. | 125.37 / $ |
D. | 122.53 / $ |
E. | 121.66 / $ |
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