The nominal yield on 6 month t- bills is 7 while default


The nominal yield on 6 month T- bills is 7% while default free Japanese bonds that mature in 6 months have a nominal rate of 5.5%. in the spot exchange market, 1 yen equals $0.009. if interest rate parity holds. what is the 6 month forward exchange rate? work in excel

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Financial Management: The nominal yield on 6 month t- bills is 7 while default
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