Assume the current us dollar-yen spot rate is 90 further


Question: Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% and 2% in the United States. What is the approximate forward exchange rate for 180 days. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Assume the current us dollar-yen spot rate is 90 further
Reference No:- TGS02732059

Expected delivery within 24 Hours