Assume that interest rate parity holds in both the spot


Assume that interest rate parity holds. In both the spot market and the 90-day forward market, 1 Japanese yen = 0.0086 dollar. And 90-day risk-free securities yield 4.6% in Japan. What is the yield on 90-day risk-free securities in the United States?

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Finance Basics: Assume that interest rate parity holds in both the spot
Reference No:- TGS0620593

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