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The spot exchange rate for Japanese Yen is 1 4 8 . 0 7 JPY / US$ . The one - year risk - free

The spot exchange rate for Japanese Yen is 148.07 JPY/US$. The one-year risk-free rates in the U.S. and Japan are 5.5% and 2.5%, respectively. What is the one-year forward exchange rate in JPY/US$?

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