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QUESTION 1 A Japanese investor can earn a 1.5 percent annual interest rate in Japan or 3.0 percent per year in the United States. If

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QUESTION 1 A Japanese investor can earn a 1.5 percent annual interest rate in Japan or 3.0 percent per year in the United States. If the spot exchange rate is 99 yen to the dollar, at what one-year forward rate would an investor be indifferent between the U.S. and Japanese investments? 100.4631 yen por $ O94.6961 yen per $ O97.5583 yen per S O 0.0097 yen per $ O101.6800 yen per S

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