Question
If the USD/JPY spot rate is 115.00, and the one- year rate JPY rates are 1% and the one- year USD rates are 2%, what
- If the USD/JPY spot rate is 115.00, and the one- year rate JPY rates are 1% and the one- year USD rates are 2%, what is the one- year USD/JPY forward price?
- 115.54
- 112.57
- 113.87
- 115.00
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