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Finance Assignment | Professional Writing

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May 20th, 2020

3. The 3-month interest rate for Japanese yen deposits in London is -0.08% annualized. Suppose the exchange rate goes from 111 yen/$ to 121 yen/$ over three months.

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What is the realized quarterly return on this 91-day Euroyen investment, from a U.S.investor’s perspective?

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