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Six month T-bills have a nominal rate of while default-free Japanese bonds that mature in 6 months have a nominal rate of 1.10. In the

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Six month T-bills have a nominal rate of while default-free Japanese bonds that mature in 6 months have a nominal rate of 1.10. In the rate parity holds, what is the 6-month forward exchange rate? Do not round intermediate clations. Round your answer to six decimal places edge rest

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