Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar ($) exchange rate from September 16, 2010, to answer the following questions: a. What is the annual forward premium on the yen for all maturities? (Assume that the U.S. dollar is the home currency. Also use the Mid-Rate values computed in part a.) b. Which maturities have the smallest and largest forward premiums? Period \/$ Rate spot 86,12 1 month 85,74 3 months 85,06 6 months 83,89 12 months 83,63 PLEASE SHOW ALL YOUR CALCULATIONS Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar ($) exchange rate from September 16, 2010, to answer the following questions: a. What is the annual forward premium on the yen for all maturities? (Assume that the U.S. dollar is the home currency. Also use the Mid-Rate values computed in part a.) b. Which maturities have the smallest and largest forward premiums? Period \/$ Rate spot 86,12 1 month 85,74 3 months 85,06 6 months 83,89 12 months 83,63 PLEASE SHOW ALL YOUR CALCULATIONS