The Japanese yen is currently trading at a forward discount relative to the US dollar in the one-month forward market. A

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The Japanese yen is currently trading at a forward discount relative to the US dollar in the one-month forward market. A

Post by answerhappygod »

The Japanese yen is currently trading at a forward discount
relative to the US dollar in the one-month forward market. An
investor believes that the best forecast for the spot exchange rate
one month from now is today’s spot exchange rate. Should this
investor buy or sell yens in the one-month forward market now?
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