please answer a and b with all steps shown.

(Click on the following icon [ in order to copy its contents into a spreadsheet.) Trana-Allantic Quotes. Separated by more than 3.000 naufcal miles and fve time zones, money and foreign exchange markets in both London and Fiew York are very affceant. The following intormation has been colectod from the respective areas: 2. What do the financial markets suggest for inflation in Europe noxt yoar? b. Falimate todary 1y 1year forward exchange rate between the dallar and the auro a. What do the friticial inarkete suggest for inflation in Europe next year? The rate the financial markets suggest for inflation in Europe nest yoar is (Round to three decimal places.)