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The current U.S. dollar-yen spot rate is 125.00/$. If the 90-day forward exchange rate is 127.75 W/$ then the yen is selling at a per

The current U.S. dollar-yen spot rate is 125.00/$. If the 90-day forward exchange rate is 127.75 W/$ then the yen is selling at a per annum of O premium: 6.30% O premium; 8.61% discount: 6.30% O discount: 8.61%

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