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The spot exchange rate between the Japanese yen and the U.S. dollar is 100 yen/dollar. The Treasury bill interest rate is 3%, the similar government
The spot exchange rate between the Japanese yen and the U.S. dollar is 100 yen/dollar. The Treasury bill interest rate is 3%, the similar government bond in Japan yields 2%. What is the 180-day forward exchange rate between yen and dollar?
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