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Suppose the spot and three-month forward rates for the yen are 102.24 and 101.15, respectively. a. What would you estimate is the difference between the

Suppose the spot and three-month forward rates for the yen are 102.24 and 101.15, respectively. a. What would you estimate is the difference between the inflation rates of the United States and Japan? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16) Difference between the inflation rates %

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