Assume that interest rate parity holds what is the yield on
Assume that interest rate parity holds. In both the spot market and the 90-day forward market, 1 Japanese yen = 0.0086 dollar. In Japan, 90-day risk-free securities yield 4.6%. What is the yield on 90-day risk-free securities in the United States?
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assume that interest rate parity holds in both the spot market and the 90-day forward market 1 japanese yen 00086
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