Problem $31-12$ Spot versus Forward Rates Suppose the spot and three$-$month forward rates for the yen are $\backslash (79\mathrm{.}30\backslash )$ and $\backslash (78\mathrm{.}72\backslash ),$ respectively. What would you estimate is the difference between the annual inflation rates of the United States and Japan? $($A greater inflation rate in Japan is a negative answer and should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to $\backslash (\backslash$mathbf$\{2\}\backslash )$ decimal places, e$.$g$.,32\mathrm{.}16.)$ Answer is complete but not entirely correct.