Please answer the following

here is the full formula for 14 and 15 if that helps

Answer questions 11 through 17 based on the following data: 12-month interest rate on dollar-denominated assets (like US bank deposits) is 1.2% 12-month interest rate on euro-denominated assets (EU's bank deposits) is 4.0% The current spot exchange rate is one euro for $1.50. The current 12-month forward exchange rate is one euro for $1.47. You expect the spot exchange rate might fall to one euro for $1.45 in a year, but you are not SO sure. 14. If you engage in a covered interest arbitrage by investing in euro-denominated assets, what is your rate of return based on euros? You must use the full formula for this calculation. A) 0.333% B) 1.920% C) 2.000% D) 4.000% 15. If you engage in a covered interest arbitrage by investing in euro-denominated assets, what is your rate of return based on dollars? You must use the full formula for this calculation A) 1.920% B) 2.000% C) 4.000% D) 4.250% 16. You are asked to answer question (23) again. But this time, you must use the approximation formula for the calculation. Then what is the rate of return based on dollars: A) 1.950% B) 2.000% C) 2.125% D) 4.000% 17. Suppose that you engage in a uncovered interest arbitrage by investing in euro-denominated assets. What is your expected rate of return based on dollars using the approximation formula? A) 0.333% B) 0.512% C) 0.667% D) 1.500% Data: domestic interest rate i, foreign interest rate i*, spot exchange rate R. forward exchange rate F, Ignore transaction fees. CIP (version 1, full formula): F(1+i*) 1+1=