Business, 13.11.2020 15:20 morelos7078
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 US? I know the answer is 9.3%, just looking for an explanation of how to work it out.
Answers: 2
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Assume that interest rate parity holds. IN both the spot market and the 90-day forward market, 1 Jap...
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