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The current one-year interest rate on Japanese yen is 0.106% per annum, the one-year U.S. dollar rate is 2.54%. What is the implied forward premium
The current one-year interest rate on Japanese yen is 0.106% per annum, the one-year U.S. dollar rate is 2.54%. What is the implied forward premium or discount of the yen (over the current spot rate) for a oneyear forward contract according to Interest Rate Parity?
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