Please help me solve a, b, c, and d

1. (International Fisher Effect-IFE) Money and foreign exchange markets in Frankfurt (Europe) and New York are very efficient (i.e., no arbitrage opportunity exists) with the same real interest rate of 1% pa. The following information is available: Spot exchange rate Forward rate: One-year interest rate: New York unknown $1.2800/E 3.00% S1.2800/ S unknown Expected inflation rate: (a) What do the financial markets suggest for the inflation rate (%; 2 decimal places) in the US 1.00% next year? (b) What is the one-year interest rate (%; 2 decimal places) in Europe? (c) What is today's spot exchange rate (S/; 4 decimal places) between the dollar and the euro? (d) What is the annual forward premium/or discount (%; 2 decimal places) on (the denominator currency)