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The interest rate in Japan is 0.5% and the interest rate in the US is 4.5%. The spot exchange rate is 100 per dollar and

The interest rate in Japan is 0.5% and the interest rate in the US is 4.5%. The spot exchange rate is ¥100 per dollar and the one-year ahead forward rate is ¥95 per dollar. What is the profit made v...

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