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    Exam 10: The Foreign Exchange Market
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    Assume That Current Dollar/yen Spot Exchange Rate Is $1 =
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Assume That Current Dollar/yen Spot Exchange Rate Is $1 =

Question 125

Question 125

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Assume that current dollar/yen spot exchange rate is $1 = ¥110.If the 30-day forward exchange is $1 = ¥105,we say the dollar is selling at a premium on the 30-day forward market.

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