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please answer all parts on a piece of paper Exercises: Parity conditions in real markets and financial markets EXERCISE 11 (Forward exchange rate) The interest

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Exercises: Parity conditions in real markets and financial markets EXERCISE 11 (Forward exchange rate) The interest rate in the United States is 8%; in Japan the comparable rate is 2%. The spot rate for the yen is $0.007692. If interest rate parity holds, what is the 90-day forward rate on the Japanese yen

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