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Question 3 0/1 pts You can buy 98 yen for a dollar today, and can enter into a one year forward contract with a rate

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Question 3 0/1 pts You can buy 98 yen for a dollar today, and can enter into a one year forward contract with a rate of 118 yen per dollar. A one year riskless zero coupon bond denominated in yen has a yield to maturity of 1%. What must the YTM be on a similar dollar-denominated bond to avoid an arbitrage? You Answered 0.2041 Correct Answer 0 .66 margin of error +/- 0.01

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