• 2022-06-05
    ThespotUSD/JPYexchangerateis118.12,Japanese3-monthinterestrateis0.01%peryear,American3-monthinterestrateis0.5625%peryear,andcapitalmovementisfree.Whatisthe3-monthforwardUSD/JPYexchangerate?
    A: 118.28.
    B: 118.35.
    C: 117.96.
    D: 117.49.