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According to the interest parity condition,if the U.S. interest rate is 2 percent and the Japanese interest rate is 4%,and the current exchange rate is 100 yens per dollar. Then the market expects the future exchange rate to be ________ yens per dollar.
MIRR
Modified Internal Rate of Return (MIRR) is a financial metric that evaluates the profitability of investments, adjusting the internal rate of return (IRR) to account for the reinvestment of cash flows at a different rate.
Present Value
The current value of a future amount of money or stream of cash flows, discounted at a certain interest rate.
Future Value
The amount a present sum will grow into at a specified interest rate over a specified period of time.
Profitability Index
A calculation that determines the relationship between the costs and benefits of a proposed project through the ratio of present value of future cash flows over the initial investment.
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