The Current Spot Exchange Rate Between the Japanese Yen and the Canadian

question 94

Multiple Choice

The current spot exchange rate between the Japanese yen and the Canadian dollar is *75.00/$. The yen is expected to appreciate by 6% against the dollar over the next six months. What do you expect the spot exchange rate between the yen and the dollar to be six months from now?

• A) *70.50/$
• B) *79.50/$
• C) *84.00/$
• D) *75.00/$

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