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On December 23, 2021, spot Japanese yen was sold at 125/$. Suppose the 90-day forward Japanese yen was selling at a 10% annualized discount, what
On December 23, 2021, spot Japanese yen was sold at 125/$. Suppose the 90-day forward Japanese yen was selling at a 10% annualized discount, what is the 90-day forward rate of the yen?
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