You have access to the following rates:

Current spot exchange rate: $0.0100/yen;

Current forward exchange rate: $0.0105/yen;

180-day US interest rate on dollar-denominated assets: 6.05%;

180-day Japanese interest rate on yen-denominated assets: 1.00%;

The interest rates are true 180-day rates (not annualized). You can borrow or invest at these rates. Calculate the returns for (1) the dollar-denominated assets and (2) the yen-denominated assets according to the following scenarios.

a) Start with $1 now and end with dollars in 180 days.

b) Start with $1 now and end with yen in 180 days.

c) Start with 100 yen now and end with yen in 180 days.