Question: TYPE ANSWER/WORK PLS 2. Interest rate on US dollar is 6.5% per annum. Interest rate on Japanese yen is 1.5% per annum. Current spot rate

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2. Interest rate on US dollar is 6.5% per annum. Interest rate on Japanese yen is 1.5% per annum. Current spot rate is 110.10 yen/$. Calculate the 180-day forward exchange rate between yen and dollar.

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