Question: Question 24 (4 points) Suppose that the one year interest rate is 6.65% in the United States and 5.23% in Germany. The spot exchange rate

Question 24 (4 points) Suppose that the one year interest rate is 6.65% in the United States and 5.23% in Germany. The spot exchange rate is $1.2336/1:00. What should the one-year forward rate be to preclude arbitrage profits? $1.3827/1.00 $1.0528/1.00 $1.2503/1.00 $1.2171/1.00 $1.3156/1.00 $1.2981/1.00 Question 25 (4 points) Suppose that the one-year interest rate is 6.36% in the United States and 5.18% in Germany. The one-year forward exchange rate is $1.1749/1.00. What should the spot exchange rate be to preclude arbitrage profits? $1.1619/1.00 $1.1880/1.00

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