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Suppose the spot and three-month forward rates for the yen are 79.30 and 78.72, respectively. b. What would you estimate is the difference between the
Suppose the spot and three-month forward rates for the yen are 79.30 and 78.72, respectively.
| b. | What would you estimate is the difference between the annual inflation rates of the United States and Japan? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. (e.g., 32.16)) |
| Annual inflation rates | % |
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