The 30-day forward exchange rate is .01073033 dollars per yen. If this forward rate represents a per

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The 30-day forward exchange rate is .01073033 dollars per yen. If this forward rate represents a per year discount of 2.5% from the current spot rate, what is the current spot exchange rate?

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Fundamentals of Futures and Options Markets

ISBN: 978-0132993340

8th edition

Authors: John C. Hull

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Posted Date: Sep 05, 2020 12:00 PM

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The 30-day forward exchange rate is .01073033 dollars per yen. If this forward rate represents a per

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Fundamentals of Futures and Options Markets

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