Question: Spot rate 106.75 (yen per dollar) 90 day forward 104.25 Based in the above information compute the forward discount for the dollar as an annualized

Spot rate 106.75 (yen per dollar) 90 day forward 104.25 Based

Spot rate 106.75 (yen per dollar) 90 day forward 104.25 Based in the above information compute the forward discount for the dollar as an annualized percentage and report it without the minus sign or the percentage sign

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