Question
On the Forex market, you observe the following hypothetical quotes: Spot USD: JPY=112.12-112.15 One-year interest rate of USD = 4.15% - 4.20% One-year interest rate
On the Forex market, you observe the following hypothetical quotes:
Spot USD: JPY=112.12-112.15
One-year interest rate of USD = 4.15% - 4.20%
One-year interest rate of JPY = 1.5% - 1.75%
What is the 90-day forward bid rate of USD/JPY?
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The Routledge Handbook Of FinTech
Authors: K. Thomas Liaw
1st Edition
0367263599, 978-0367263591
