Suppose that inflation next year is 8% in Japan and 4% in the United States. If the current spot rate is JPY107 = USD1, what is the expected spot rate at the end of the year?

Select one:

a. JPY102.72 = USD1

b. JPY103.04 = USD1

c. JPY111.12 = USD1

d. JPY111.82 = USD1

e. JPY112.37 = USD1

f. JPY113.73 = USD1

g. None of the above

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2. Find the covariance matrix P(1) and its steady-state value P(x) for the following continuous system: 0 -[2]*+* x(1 -1 x(t)= -61 where w N(0,1) and white. Solve with P(0)= 2. Find the covariance matrix P(1) and its steady-state value P(x) for the following continuous system: 0 -[2]*+* x(1 -1 x(t)= -61 where w N(0,1) and white. Solve with P(0)=

Answer rating: 100% (QA)

d JPY11182 USD1 E 1 h x S wher... View the full answer