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What is the yield on ninty day risk-free securities

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Question 1: Assume that interest rate parity holds. In both the spot market and the 90-day forward market, Japanese yen equals 0.0086 dollars. In Japan, 90-day risk-free securities yield 4.6%. What is the yield on 90-day risk-free securities in the United States.

Reference no: EM132635736

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