Use the information in the table below to answer the following questions:

	in U.S. $	per U.S. $
Japanese yen	.009214	108.53
6-mos forward	.009306	107.46
British pound	1.5828	.6318
3-mos forward	1.5803	.6328

a. The six-month forward rate for the Japanese yen is per U.S. dollar. The yen is selling at a because it is I in the forward market than in the spot market. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. The three-month forward rate for British pounds is per U.S. dollar. The British pound is selling at a in the forward market than in the spot market. Note: Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616