= Homework: HW 6 Question 6, Problem 6-1... HW Score: 56.25%, 13.5 of 24 points Part 2 of 2 Pointt 1.5 of 3 Save Trans-Atlantic Quoten. Seperated by more than 3,000 nautical miles and five time zonen, money and foreign exchange markets in both London and New York are very eficient. The fobowing information has been collected from the respective areas: London New York Spot exchange rate (56) 13267 13267 1 year Treasury bill rate 3.902 4,504% Expected inflation rate Unknown 1.253 a. What do the financial markets suggest for inflation in Europe next year? b. Estimate today's 1-year forward exchange rate between the dollar and the euro. What do the financial markets suggest for inflation in Europe next year? The rate the financial markets suggest for inflation in Europe next year is 0.670 (Round to three decimal places) b. Estimato today's 1-year forward exchange rate between the dollar and the euro The estimate for today's 1-year forward exchange rate between the dollar and the euro is $. (Round to four decimal places)