Suppose that the spot exchange rate between US dollar and UK pound is $($$$/)=$ $$1\mathrm{.}25/,$

the US interest rate $($$$)=5\mathrm{.}3\%,$ and the UK interest rate $()=5\mathrm{.}2\%.$ Based on the interest

parity rule $($IRP$),$ what should the $360-$day forward rate be$360($$$/)?$

a$.$ $$1\mathrm{.}18/$

b$.$ $$1\mathrm{.}25/$

c$.$ $$2\mathrm{.}80/$

d$.$ $$3\mathrm{.}80/$