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Interest Rate Parity The nominal veld an 6-month T-bals is 8%, while defaul-free Japanese bonds that mature in 6 months have a nominal rate of

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Interest Rate Parity The nominal veld an 6-month T-bals is 8%, while defaul-free Japanese bonds that mature in 6 months have a nominal rate of 4%6. in the spot exchange market, 1 yen equals 50.009. If interest rate parity holds, what is the 6 -momth forward exchange rate? Do not round intermediate calculations, Round your answer to five decimal places

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