Question: answer asap please Use the information below to answer the following questions. Australia dollar 6-months forward Japan Yen 6-months forward U.K. Pound 6-months forward Currency

answer asap please
answer asap please Use the information below to answer the following questions.

Use the information below to answer the following questions. Australia dollar 6-months forward Japan Yen 6-months forward U.K. Pound 6-months forward Currency per U.S. $ 1.2389 1.2344 100.4500 99.9300 .6797 .6776 Suppose interest rate parity holds, and the current six month risk-free rate in the United States is 3 percent. Use the approximate interest rate parity equation to answer the following questions. a. What must the six-month risk-free rate be in Australia? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What must the six-month risk-free rate be in Japan? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What must the six-month risk-free rate be in Great Britain? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Australian risk-free rate b. Japanese risk-free rate c. Great Britain risk-free rate % % %

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