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elf_fu elf_fu
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6 years ago
Your company can get yen loans for 2.0%. Dollar rates on the same loans are 4.5%. The spot yen per dollar exchange rate is 104. The forward rates for years 1 thru 4 are, 101.51, 99.08, 96.71, and 94.40, respectively. What is the dollar value of a 4-year 1 million yen loan?
A) $9,615.33
B) $10,422.46
C) $11,618.04
D) $13,527.89
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Derivatives Markets

Derivatives Markets


Edition: 3rd
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phuongha2892phuongha2892
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6 years ago
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elf_fu Author
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6 years ago
Just got PERFECT on my quiz
vernonb
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Yesterday
You make an excellent tutor!
mcraver1
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2 hours ago
Smart ... Thanks!
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