Assume that interest rate parity holds in both the spot, Financial Management

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Assume that interest rate parity holds in both the spot

Interest Rate Parity--second request--first time answered wrong

Assume that interest rate parity holds. In both the spot market and the 90 day forward market, 1 Japanese yen equals 0.0086 dollar. In Japan 90 day risk free securities yield 4.6%. What is the yield on 90 day risk free securities in the United States?

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Financial Management: Assume that interest rate parity holds in both the spot

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Financial Management: Assume that interest rate parity holds in both the spot

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