Question: The following data are given: Ex = 100 = $1.00 Ex+1 = 102 = $1.00 u.s. = 16% If the interest parity condition is expected

The following data are given: Ex = 100 = $1.00 Ex+1

The following data are given: Ex = 100 = $1.00 Ex+1 = 102 = $1.00 u.s. = 16% If the interest parity condition is expected to hold, interest rates in Japan should equal %. (Round your response to two decimal places.)

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