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(Interest rate parity) On August 8th the three-month risk-free rate of interest in the United States was 3.25 percent and it was 2.60 percent in
(Interest rate parity) On August 8th the three-month risk-free rate of interest in the United States was 3.25 percent and it was 2.60 percent in Japan. If the spot exchange rate were $0.010798/, what would you expect the forward exchange rate to be? The expected 3-month forward exchange rate should be $ /yen. (Round to six decimal places.)
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Inclusive And Sustainable Finance Leadership Ethics And Culture
Authors: Atul K. Shah
1st Edition
0367759403, 978-0367759407
