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Today, the Japanese yen - Canadian dollar exchange rate is 98.00. What is the 2-year forward exchange rate if the Japanese yen interest rate is

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Today, the Japanese yen - Canadian dollar exchange rate is 98.00. What is the 2-year forward exchange rate if the Japanese yen interest rate is 0.3804% and the Canadian dollar interest rate is 1.08%? Assume these rates are continuously compounded. Select one: O A. 99.831 JPY/CAD O B. 99.381 JPY/CAD O C. 98.642 JPY/CAD O D. 96.368 JPY/CAD O E. 96.638 JPY/CAD

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