Question
Suppose Japanese yen money market annual rate is .60% and U.S. money market has an annual rate of 4.50%. The predictions on the spot rate
Suppose Japanese yen money market annual rate is .60% and U.S. money market has an annual rate of 4.50%.
The predictions on the spot rate in 6 months made by financial analysts X and Y are 116/$ and 114/$ respectively. If the spot rate today is 115/$, which prediction do you think is more reasonable, why?
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
