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Jasper Pernik is a currency speculator who enjoys betting on changes in the foreign currency exchange market. Currently the spot price for the Japanese yen

Jasper Pernik is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. Currently the spot price for the Japanese yen is 129.37/$ and the 6-month forward rate is 129.83/$. Jasper thinks the yen will move to 130.00/$ in the next six months. Jasper should ________ at ________ to profit from changing currency values.

A) buy dollars; the forward rate

B) buy yen; the spot rate

C) buy yen; the forward rate

D) sell dollars; spot market rate.

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