| a. Complete the following table using XE.com or a similar foreign-currency quote website. In each cell, record the number of units of the currency stated in the column heading that you could buy with one unit of the currency shown at the start of the row. For example, if you sold US$1, how many European euros could you buy? Enter that amount in the third column, second row. Complete all blocks of the table. b. C. d. (12 marks) Sell/Buy US $1 Euros 1 Canadian $1 Japanese 1 US $1 1 How many Euros could US$1 buy? Euros 1 How many 1 US$ could 1 buy? Canadian $1 1 Japanese 1 1 Also, record the date and name of the site where you found the exchange rates you listed. Date: Site: If the inflation rate is expected to be 3% in the European Monetary Union and 4% in the United States next year, estimate the forward rate of one euro in U.S. dollars one year from now. (4 marks) If the one-year government interest rate is 6% in Japan and 4% in the United States, estimate the amount of Yen that will be needed to purchase one U.S. dollar one year from now. (4 marks) Based solely on purchasing power parity (PPP), calculate the expected one-year inflation rate in the U.S. if the Canadian inflation rate is expected to be 3.5% next year and the one-year forward rate if a Canadian dollar is USD$.75/CAD$1. marks) (7