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.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here