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Business, 02.03.2020 21:51 Thalassenosmichaelle

Suppose that the spot exchange rate for Japanese yen is ¥122/$ and that the one-year forward exchange rate for Japanese yen is ¥130/$. The one-year interest rate in the United States is 5%. Assuming IRP holds, what is the interest rate in Japan?

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Suppose that the spot exchange rate for Japanese yen is ¥122/$ and that the one-year forward exchang...
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