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Suppose the Chinese Yuan is currently trading for $0.16 USD. Further suppose that the risk free yield on Government of China debt is 2% per

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Suppose the Chinese Yuan is currently trading for $0.16 USD. Further suppose that the risk free yield on Government of China debt is 2% per annum while the same risk-level US Government debt yields 1% per annum. Knowing this then the one year forward exchange rate for the Yuan to USD would be: 0 A. $0.15843 USD per Yun O B. $0.16158 USD per Yuan 0 C. $0.162 USD per Yuan D. $0.16 USD per Yuan

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