2. China and Japan are running with annual inflation rates of 3% and 5% respectively. The expected one-month Currency spot exchange rate is JPY17.01/CNY. What should be the current spot rate between...

Extracted text: 2. China and Japan are running with annual inflation rates of 3% and 5% respectively. The expected one-month Currency spot exchange rate is JPY17.01/CNY. What should be the current spot rate between CNY and JPY? CNY 17.34029/JPY CNY 16.686/JPY JPY 17.34029/CNY JPY 16.686/CNY