The table below contains economic, financial, and business indicators from 2015:

Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States
											Industrial			Unemployment
		Gross Domestic Product									Production			Rate
						Forecast		Forecast
Country		Latest Qtr		Qtr		2015e		2016e			Recent Qtr			Latest
Australia		4.3	%	3.5	%	4.7	%	3.4	%		4.4	%		4.2	%
Japan		1.9	%	-1.5	%	2.1	%	1.6	%		4.2	%		3.6	%
United States		1.9	%	4.1	%	2.1	%	2.7	%		2.2	%		4.8	%
		Consumer Prices									Interest Rates
						Forecast					3-month			1-yr Govt
Country		Year Ago		Latest		2015e					Latest			Latest
Australia		4.9	%	2.9	%	2.7	%				6.98	%		6.27	%
Japan		0.5	%	-0.2	%	0.0	%				0.59	%		1.63	%
United States		2.3	%	2.8	%	3.3	%				4.85	%		4.52	%
		Trade
		Balance			Current Account						Current Units (per US$)
		Last 12 mos			Last 12 mos			Forecast 15
Country		(billion $)			(billion $)			(% of GDP)			Oct 17th			Year Ago
Australia		-12.6			-46.4			-5.5	%		1.13			1.37
Japan		98.6			197.9			4.7	%		118.00			119.00
United States		-810.6			-793.5			-5.7	%		1.00			1.00
Note: Unless otherwise noted, percentages are percentage changes over one year. Rec Qtr = recent quarter. Values for 2015e are estimates or forecasts.

Forward Rates. Use the table containing economic, financial, and business indicators to answer the following questions. Using the spot rates and 3-month interest rates, calculate the 90-day forward rates for:

a. Japanese yen /U.S dollar exchange rate

b. Japanese yen/Australian dollar exchange rate

c. Australian dollar/U.S. dollar exchange rate