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Review the current and projected exchange rates between Japanese yen and U . S . dollar. Your company needs to make a payment of 1
Review the current and projected exchange rates between Japanese yen and US dollar.
Your company needs to make a payment of million Japanese yen in six months. Identify the
Spot and forward exchange rates between the two currencies. What factors influence
your decision to use each? How many dollars must you spend to acquire the amount of
yen required?
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