3. One component of learning about another country or region is
to understand the relationship of its currency with others on the
world currency market. As such, you are assigned the duty of
ensuring the availability of 100,000 yen for a payment scheduled
next month. Considering that your company possesses only U.S.
dollars, identify the spot and forward exchange rates. What are the
factors that influence your decision to use each? Which one would
you choose? How many dollars must...