Question: The current U.S. dollar - yen spot rate is 105 / S . If the 90 - day forward exchange rate is 102 /$ what

The current U.S. dollar - yen spot rate is 105 / S . If the 90 - day forward exchange rate is 102 /$ what is the forward exchange premium or discount for / $ Write your answer to 2 decimal in percentage ( for Example 12.65 % )

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