Question: ( Covered Interest Rate Parity ) You are facing the following exchange rates and interest rates. table [ [ Spot rate ( $ )

( Covered Interest Rate Parity) You are facing the following exchange rates and interest rates.
\table[[Spot rate ($),116],[180-day forward rate ($,118],[\table[[180-day U.S. dollar interest rate],[180-day Japanese yen interest rate]],7.8%
 ( Covered Interest Rate Parity) You are facing the following exchange

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