The JPY/AUD spot exchange rate is 82.42, the JPY interest rate is 0.15 percent, and the AUD interest rate is 4.95 percent. If the interest rates are quoted on the basis of a 360-day year, the 90-day...


The JPY/AUD spot exchange rate is 82.42, the JPY interest rate is 0.15 percent, and the AUD interest rate is 4.95 percent. If the interest rates are quoted on the basis of a 360-day year, the 90-day forward points in JPY/AUD would be closest to:


A. 377.0.


B. 97.7.


C. 98.9.



Jan 04, 2022
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