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Suppose the spot and three-month forward rates for the yen are 127.32 and \131.23, respectively....

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Suppose the spot and three-month forward rates for the yen are 127.32 and \131.23, respectively. What would you estimate is the difference between the annual inflation rates of the United States and Japan? Multiple Choice 12.35% - 11.40% 3.07% 12.86%

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