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The annual interest rate in the U.S. is 4.55%, the direct spot quote for the yen is $0.007042/ and the 1-year interest rate in Japan
The annual interest rate in the U.S. is 4.55%, the direct spot quote for the yen is $0.007042/ and the 1-year interest rate in Japan is 2.15%. Per forward expectations parity, what do you expect the exchange rate will be in one year?
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