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/$

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Definitions:

Autonomy

The right or condition of self-governance, or the ability of an individual to make their own choices and decisions.

Capacity

The maximum amount that something can contain or produce.

Self-awareness

The awareness of an individual's own personality, emotions, intentions, and wishes.

Suicide

The act of deliberately taking one's own life, often associated with factors such as mental illness, severe stress, or a sense of hopelessness.