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The current spot exchange rate between the Japanese yen and the Canadian dollar is 75.00/$. The yen is expected to appreciate by 6% against the
The current spot exchange rate between the Japanese yen and the Canadian dollar is 75.00/$. The yen is expected to appreciate by 6% against the dollar over the next six months. What do you expect the spot exchange rate between the yen and the dollar to be six months from now?
Multiple Choice
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70.50/$
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79.50/$
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84.00/$
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75.00/$
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