What is the implied forward premium or discount of yen
Question:
The current five-year Euroyen rate is 6% per annum (compounded annually), the five-year Eurodollar rate is 8.5%. What is the implied forward premium or discount of yen (over the current spot rate) for five year period contract.
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The current five-year Euroyen rate is 6% per annum, the 5-year Eurodollar rate is 8.5%. What is the implied forward premium or discount of yen
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