Question: B19-16 (book/static) Question Help (Interest rate parity) On August 8th the three month risk-free rate of interest in the United States was 3.75 percent and

 B19-16 (book/static) Question Help (Interest rate parity) On August 8th the

B19-16 (book/static) Question Help (Interest rate parity) On August 8th the three month risk-free rate of interest in the United States was 3.75 percent and it was 3.00 percent in Japan. If the spot exchange rate were $0.010798/, what would you expect the forward exchange rate to be? The expected 3-month forward exchange rate should be s Vyen (Round to six decimal places)

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