An exchange forecaster expects the dollar to trade at 125 yen, one year from now. If the spot is Yen 121/$ and US inflation rate is 2%, what is the expected inflation rate in Japan?
(Ans.: 5.37%)
An exchange forecaster expects the dollar to trade at 125 yen, one year from now. If the spot is Yen 121/$ and US inflation rate is 2%, what is the expected inflation rate in Japan?
(Ans.: 5.37%)
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