Difference between the annual inflation rates

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Reference no: EM131189996

Suppose the spot and three-month forward rates for the yen are ¥79.70 and ¥79.04, respectively.

What would you estimate is the difference between the annual inflation rates of the United States and Japan? (Negative amount should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Annual inflation rate differential %

Reference no: EM131189996

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