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Use the table to answer following question. What is the bid price for the three-year swap on Japanese yen? Yen: Spot and Forward /S) Mid

image text in transcribedUse the table to answer following question.

What is the bid price for the three-year swap on Japanese yen?

Yen: Spot and Forward /S) Mid RatesBidAsk 129.82 129.92 Pound: Spot and Forward (SE) Ask 1.4487 Mid Rates 1.4484 Bid Spot Forward Rates 1 month 6 months Swaps 2 year 3 year 129.87 1.4481 129.68 128.53 -20 -18 136 -132 1.4459 1.4327 26 -160 24 -154 117.65 115.50 12321212 14521422 1.4250 1.4225 238 265 230 253

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