The nominal yield on 6 month T bill is 10%, while the default free Japanese bonds that mature in 6 months have a nominal rate of 4%. The spot rate is 0.01 dollar per Yen. If interest parity holds, what is the 6 month forward exchange rate? \begin{tabular}{|l|} \hline 0.0103 \\ \hline 0.0154 \\ \hline 0.0095 \\ \hline 0.0092 \\ \hline \end{tabular} Question 25 (4 points) Suppose a company's all sales are on credit under the terms 2/20, net 50.40% of the customers take the discount and 60% of customers don't take the discount. What is the average collection period? 52 days 32 days 38 days 45 days