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The dollar-yen 1-year forward rate is $1-108.5000. 2) a) A dealer quote the dollar-yen exchange rate is SS) 108.7500-10. Calculate Jenny's holding period return (annual

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The dollar-yen 1-year forward rate is $1-108.5000. 2) a) A dealer quote the dollar-yen exchange rate is SS) 108.7500-10. Calculate Jenny's holding period return (annual return) if she buys 1 million via the dealer at the spot exchange rate and sells them forward, round to 4 decimal places. ,round to b) Suppose that the dollar-yen forward premium is 4%. Calculate the spot rate, 4 decimal places. $1-\

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