The current us dollar yen spot rate is 125 yen if the 90


The current us dollar yen spot rate is 125 yen/$. if the 90 day forward exchange rate is 127 yen/$ then the yen is selling at a per annum ________ of ________.

a. premium; 1.57%

b. premium; 6.3%

c. discount ;1.57%

d. discount 6.3%

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Financial Management: The current us dollar yen spot rate is 125 yen if the 90
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