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please show woking to the answer Use the following data and answer questions asked below: Spot USD / JPY 116.00 3 Months DOLLAR Deposit Rate

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Use the following data and answer questions asked below: Spot USD / JPY 116.00 3 Months DOLLAR Deposit Rate 4.50% p.a. 6 Months DOLLAR Deposit Rate 5.00% p.a. 3 Months YEN Deposit Rate 0.25% p.a. 6 Months YEN De. osit Rate 0.52% p.a. FRA Rate for Yen Nil What would be 6 months USD/JPY Forward Rate? What should be 3 month USD FRA Rate 3 months Forward? A. 5.44% B. 5.66% C. 4.75% D. 9.5%

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