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Incorrect Question 17 0/2.5 pts [Ch.9] You can buy or sell the yen spot at 102 to the dollar. You can buy or sell

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Incorrect Question 17 0/2.5 pts [Ch.9] You can buy or sell the yen spot at 102 to the dollar. You can buy or sell the yen one-year forward at 104 to the dollar. If U.S. annual interest rates are 4 percent, what must be the approximate one-year Japanese interest rate if interest rate parity holds? 6.04% 3.20% 4.73% 6.80%

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