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Japanese Yen Forward. Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (/$) exchange rate from September 16, 2010, , to

image text in transcribedimage text in transcribed Japanese Yen Forward. Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (/\$) exchange rate from September 16, 2010, , to answer the following questions: a. What is the mid-rate for each maturity? b. What is the annual forward premium for all maturities? c. Which maturities have the smallest and largest forward premiums? a. What is the mid-rate quote for each maturity? Calculate the mid-rate for each maturity below: (Round to three decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)

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