What Is the Expected Spot Rate of ¥/$ One Year

question 93

Multiple Choice

What is the expected spot rate of ¥/$ one year from now if the current spot rate is ¥106/$ and the yen is selling 1-year forward at ¥114/$?

• A) ¥78.9/$
• B) ¥98.0/$
• C) ¥106.0/$
• D)¥114.0/$