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If the spot rate for the yen is currently 1 1 8 . 5 2 / $ . Using the corresponding interest rates below, what

If the spot rate for the yen is currently 118.52/$. Using the corresponding interest rates below, what would be the implied 90-day forward rate for the yen, using the interest rate parity? Annualized 90-day rates: U.S.2.0%; Japan 0.6%

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