An investor can purchase a us t-bill that matures in six, Financial Econometrics

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An investor can purchase a us t-bill that matures in six

Suppose the spot exchange rate equals ¥100/$, and the six-month forward rate equals ¥101/$.

An investor can purchase a U.S. T-bill that matures in six months and earns an annual rate of return of 3 percent. What would be the annual return on a similar Japanese investment?

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Financial Econometrics: An investor can purchase a us t-bill that matures in six

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Financial Econometrics: An investor can purchase a us t-bill that matures in six

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