Question: Use the information in the table below to answer the following questions: in U.S. $ per U.S. $ Japanese yen .009191 108.80 6-mos forward .009139

Use the information in the table below to answer the following questions: in U.S. $ per U.S. $ Japanese yen .009191 108.80 6-mos forward .009139 109.42 British pound 1.5783 .6336 3-mos forward 1.5805 .6327 a. Answer is complete but not entirely correct. The six-month forward rate for the Japanese 107.38 per U.S. dollar. The yen is selling discount because yen is at a it is less expensive in the forward market than in the spot (Do not round intermediate calculations and round your answer to 2 market decimal places, e.g., 32.16.) at a Answer is complete and correct. per U.S. dollar. The British pound is selling premium (Do not round intermediate calculations and round your answer to 4 decimal places, because it is The three-month forward rate for British pounds is 0.6316 more expensive in the forward market than in the spot market. e.g., 32.1616.) c. Answer is complete and correct. Based on the information in the figure, the value of the U.S. dollar will rise fall with respect to the British pound. with respect to the yen and will
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