Question: 14. Forward rates. Using the spot rates and three-month interest rates above, calculate the 90 -day forward rates for a. Japanese yen/US dollar exchange rate

14. Forward rates. Using the spot rates and three-month interest rates above, calculate the 90 -day forward rates for a. Japanese yen/US dollar exchange rate b. Japanese yen/Australian dollar exchange rate c. Australian dollar/US dollar exchange rate 15. Real economic activity and misery. Calculate the country's Misery Index (unemployment + inflation) and then use it like interest differentials to forecast the future spot exchange rate, one year into the future. a. Japanese yen/US dollar exchange rate in 1 year b. Japanese yen/Australian dollar exchange rate in 1 year c. Australian dollar/US dollar exchange rate in 1 year
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