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The dollar-yen 6 months forward rate is $1 = 109. Suppose that the dollar-yen forward premium is 2.5%. Calculate the spot rate, $1=_______ work to

The dollar-yen 6 months forward rate is $1 = 109. Suppose that the dollar-yen forward premium is 2.5%. Calculate the spot rate, $1=_______ work to 4 decimal places.

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