(Q5, Q6, Q7) Suppose the dollar-denominated interest rate is 5%, then yen- denominated interest rate is 1%, the spot exchange rate is 0.009 $/U, and the price of a dollar-denominated European call to buy one yen with 1 year to expiration and a strike price of $0.009 is $0.0006. 7. Suppose that you are in Tokyo, trading options that are denominated in yen rather than dollars. If the price of a dollar-denominated at- the-money yen call in Canada is $0.0006, what is the price of yen- denominated at-the-money dollar callan option giving the right to buy one dollar, denominated in yenin Tokyo? What is the relation- ship of this answer to your answer to Q5? What is the price of the at-the-money dollar put?

For reference, Q5 was: What is the dollar-denominated European yen put price such that there is no arbitrage opportunity?