What is the median estimate for the number of Japanese yen per euro for calendar year 2020?

a) 132

b) 126

c) 163

d) 115

123 96) Legend 97) Chart 98) Histogram 99) Export Page 1/6 FX Forecasts: Contributors Region G10 Currency Euro / Japanese Yen Cross As of 05/07/17 EURJPY Q2 17 23 17 24 17 Q1 18 2018 2019 2020 2021 Spot 124 Median 120 121 122 122 125 130 126 132 Q1 17 Actual Mean 120 121 122 123 126 130 131 135 119 High 125 134 143 139 151 146 152 163 Q1 17 Forecast Low 111 107 99 98 110 114 114 115 121 Forward 124 124 124 124 124 123 122 121 Contributors (78) As off Q2 17 23 17 Q4 17 Q1 18 2018 2019 2020 2021 1) Argentex LLP 05/03/17 123 123 122 123 125 2) AFEX 05/02/17 134 143 3) MUFG 05/02/17 121 122 122 118 4) HSBC Holdings 05/02/17 117 118 120 5) Investec 05/02/17 119 120 121 122 124 6) Jyske Bank 05/02/17 121 121 121 121 110 7) Oversea-Chinese B... 05/02/17 125 125 125 125 8) Scotiabank 05/02/17 117 123 129 136 140 147 153 9) Mizuho Bank 05/01/17 120 120 118 118 118 10) National Bank Fina... 04/28/17 122 122 122 123 122 11) TMS Brokers 04/28/17 122 126 132 133 129 12) NAB/BNZ 04/27/17 125 129 133 138 145 140 13) Credit Suisse Group 04/26/17 119 118 119 120 120 104 102 14) Landesbank Baden-... 04/26/17 121 122 125 125