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Using the spot rates and 3-month interest rates, calculate the 90-day forward rates for: a. Japanese yen /U.S dollar exchange rate The 90-day forward rate
Using the spot rates and 3-month interest rates, calculate the 90-day forward rates for:
a. Japanese yen /U.S dollar exchange rate
The 90-day forward rate for the Japanese yen / U.S. dollar exchange rate is _______/$.(Round to two decimal places.)
b. Japanese yen/Australian dollar exchange rate
c. Australian dollar/U.S. dollar exchange rate
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 Data table The table below contains economic, financial, and business indicators from 2015 : To calculate the forecasted spot rate, use the following formula: Spotrateforecast=CurrentU.S.dollarspotCurrentJapaneseyenspot1+U.S.inflation1+JapaneseinflationStep by Step Solution
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