Question: Question 22 1.67 pts TABLE 5.1 Use the table to answer following question(s). Yen:Spot and Forward (W/S) Mid Rates Bid Ask Spot 111.62 111.61 111.62

Question 22 1.67 pts TABLE 5.1 Use the table to answer following question(s). Yen:Spot and Forward (W/S) Mid Rates Bid Ask Spot 111.62 111.61 111.62 Forward Rates 1 Month 111.43 -19 -18 6 Months 110.55 - 108 - 106 Swaps 106.71 -493 .488 3 year 103.96 -772 - 760 2 year Refer to Table 5.1. According to the information provided in the table, the 6-month yen is selling at a forward of approximately per annum. (Use the mid rates to make your calculations.) O premium: 2.098 (Yen appreciates versus USD) discount: 2.099 (Yen depreciates versus USD discount: 1938 (Yen depreciates versus USD) premium:1935Yen appreciates versus USD) &

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