is 84.90/$. Forecast inflation is 1.104% for Japan, and 5.896% for the US. The 360 -day euro-yen deposit rate is 4.695%, and the 360 -day euro-dollar deposit rate is 9.501%. a. Calculate whether international parity conditions hold between Japan and the United States. b. Find the forecasted change in the Japanese yen/U.S. dollar (/\$) exchange rate one year from now. Use the Forward premium/discount formula: (Spot-Forward)/Forward. a. Calculate whether international parity conditions hold between Japan and the United States. The forecast difference in rates of inflation is \% (U.S. higher than Japan). (Round to one decimal place.) The difference in nominal interest rates is % (higher in U.S.). (Round to one decimal place.) The forward premium on foreign currency is % (Japanese yen at a premium). (Round to one decimal place.) The forecast change in spot exchange rate is % (dollar expected to weaken). (Round to one decimal place.) power parity. According to Derek's calculations, the markets are indeed in equilibriumparity. This statement is (Select from the drop-down menu.) b. Find the forecasted change in the Japanese yen/U.S. dollar (/\$) exchange rate one year from now. The forecasted change in the Japanese yen/U.S. dollar (/$) exchange rate one year from now is \%. (Round to one decimal place.)