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Economics
Economics
Medium
The one-year risk-free rate is 3.0% in the United States and 1.5% in Japan. The current spot exchange rate is 148 JPY/USD. According to covered interest rate parity, the one-year forward rate (JPY/USD) is closest to:
A
145.81
B
150.22
C
148.00
D
142.50
Select an answer to continue
Tags
#covered-interest-rate-parity
#forward-exchange-rate
#fx
#economics
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