Question: 3. (3 points) What is the forward premium for yen if current and 90 days forward price of New Zealand dollar in Tokyo are 88.9627

3. (3 points) What is the forward premium for yen if

3. (3 points) What is the forward premium for yen if current and 90 days forward price of New Zealand dollar in Tokyo are 88.9627 and 87.6391, respectively 4. (5 points) What is the expected direct yen spot quote for Australian dollar in 5 years based on relative purchasing power party if its current price in Tokyo is 89.7531 yen given that inflations in Japan and Australia are 0.8472% and 1.9149%, respectively, while nominal interest rates in Japan and Australia are 2.8351 and 4.3952%, respectively

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