Question
Question 5 :Assume the current U.S. dollar-yen spot rate is 109.00/$. Further, the current nominal 180-day rate of return in Japan is 0% per year
Question 5:Assume the current U.S. dollar-yen spot rate is 109.00/$. Further, the current nominal 180-day rate of return in Japan is 0% per year and 2% per year in the United States. What is the approximate forward exchange rate for 180 days?
a. 109.00/$
b. 111.18/$
c. 110.09/$
d. 107.92/$
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
