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Please help me answer it in 90mins, and I will vote up, thank you very much. The current Australian dollar-yen spot rate is 1234/$. If
Please help me answer it in 90mins, and I will vote up, thank you very much.
The current Australian dollar-yen spot rate is 1234/$. If the 3-month forward exchange rate is 127 \/$ then what is per annum premium (or discount) the yen is selling at? (Input only numbers as your final answer, no percentage sign. Round your answer to two decimals.)Step by Step Solution
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