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Konbanwa Sushi (Japan). The Japanese sushi franchise, Konbanwa Sushi, will be receiving six payments of €2,500,000 from now to 12 months in the future. Since the company keeps cash balances in both Japanese yen and U.S. dollars, it can choose which currency to exchange the euros for at the end of the various periods. Which currency appears to offer better rates in the forward market?
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