What is the two year forward premium

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Use the following spot and forward bid-ask rates for the Japanese yen/U.S. dollar (¥/$) exchange rates. What is the Two Year Forward Premium? spot 85.41 85.461 month 85.02 85.052 months 84.86 84.903 months 84.37 84.426 months 83.17 83.2012 months 82.87 82.9124 months 81.17 81.91

Answer as a percentage with two decimal places.

Reference no: EM132774570

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