Question
The spot rate between the Japanese yen and the U.S. dollar is 108.65/$, while the one-year forward rate is 108.84/$. The one-year risk-free rate in
The spot rate between the Japanese yen and the U.S. dollar is 108.65/$, while the one-year forward rate is 108.84/$. The one-year risk-free rate in the U.S. is 3.03 percent. If interest rate parity exists, what is the one-year risk-free rate in Japan?
| 2.49% | ||
| 2.85% | ||
| 2.67% | ||
| 3.21% | ||
| 2.85% |
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
