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The current spot exchange rates and 180-day (6-mo) forward rates for the yen are available: Spot6-mo fwd 121.82/$120.76/$ Which of the following statements accurately describes

  1. The current spot exchange rates and 180-day (6-mo) forward rates for the yen are available: Spot6-mo fwd 121.82/$120.76/$ Which of the following statements accurately describes the forward discount or premium:

    The yen is trading at a forward discount of 0.87% per annum.

    the dollar is trading at a forward premium of 1.74% per annum.

    the dollar is trading at a forward discount of 1.74% per annum.

    the dollar and yen are trading at interest parity disequilibrium.

    the yen is trading at a forward premium of 1.06$/.

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