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Please answer question 56 Question 5559 use the following information: Suppose Japanese yen money market annual rate is .60% and U.S. money market has an
Please answer question 56
Question 5559 use the following information: Suppose Japanese yen money market annual rate is .60\% and U.S. money market has an annual rate of 4.50%. The predictions on the spot rate in 6 months made by financial analysts X and Y are 116/$ and 114/$ respectively. If the spot rate today is 115/$, which prediction do you think makes more sense and why For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIs iQ) QUESTION 56 What should be the spot rate in 6 months based on parity condition? Please show reasoning and computing steps. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)Step by Step Solution
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