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Question 3 10 points Save Answer The spot and forward bid ask prices (yen per dollar) are quoted as follows: Spot 30 day forward 106.75/85

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Question 3 10 points Save Answer The spot and forward bid ask prices (yen per dollar) are quoted as follows: Spot 30 day forward 106.75/85 20/10 If a forward trade is entered for buying \ 10,000 at the end of the 30 day period what will be the cost in dollars to be paid? Report the answer rounded to two decimal places and without the $ symbol

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