Question: All else being equal, what happens to expected Yen forward prices if the difference between the U.S. risk-free rate and Japanese risk-free rate narrows (decreases)?
All else being equal, what happens to expected Yen forward prices if the difference between the U.S. risk-free rate and Japanese risk-free rate narrows (decreases)? Pick the best answer. Group of answer choices Forward price increases Forward price decreases No change to forward price
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