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The spot rate is 3.78 Nigerian Naira to the Japanese Yen. Expected inflation rates are 8% in Nigeria and 0.5% per annum in Japan. What
The spot rate is 3.78 Nigerian Naira to the Japanese Yen. Expected inflation rates are 8% in Nigeria and 0.5% per annum in Japan. What is the 180-day forward rate of Nigerian Naira per Japanese Yen using the formula for relative purchasing power parity?
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