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Use the information in the table below to answer the following questions: Japanese yen 6-mos forward British pound 3-mos forward in U.S. $ per U.S.
Use the information in the table below to answer the following questions: Japanese yen 6-mos forward British pound 3-mos forward in U.S. $ per U.S. $ .009227 108.38 .009314 107.36 1.5853 .6308 1.5840 .6313 a Answer is complete but not entirely correct. The six-month forward rate for the Japanese because 999,999.00 per U.S. dollar. The yen is selling Iyen is at a premium it is more expensive in the forward market than in the spot (Do not round intermediate calculations and round your answer to 2 market decimal places, e.g., 32.16.) because b. > Answer is complete but not entirely correct. The three-month forward rate for British 9,999,999.0000 per U.S. dollar. The British pound is selling pounds is discount at a it is less expensive in the forward market than in the spot (Do not round intermediate calculations and round your answer to 4 decimal market. places, e.g., 32.1616.) c. Answer is complete and correct. Based on the information in the figure, the value of the U.S. fall dollar will rise with respect to the British pound. with respect to the yen and will
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