How many us would you expect to be able to sell for 1


EUSD/JP Y = 0.008. Interest rates on one year bonds of the Japanese government are 0.01%. Interest rates on one year bonds of the US government are 1.63%. How many US$ would you expect to be able to sell for 1 Japanese ¥ using a forward contract that settles in one year?

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Financial Management: How many us would you expect to be able to sell for 1
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