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If the Yen spot rate is 110 (/$), the U.S. 1-month risk-free rate is 2%, and the Japanese 1-month risk-free rate -0.050% (both on a

If the Yen spot rate is 110 (/$), the U.S. 1-month risk-free rate is 2%, and the Japanese 1-month risk-free rate -0.050% (both on a continuous compounded basis), what is the closest expected price of a Yen 1-month forward?

Group of answer choices

0.0088

0.0091

0.0093

0.0095

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