Suppose that iNY = 2 percent, iLondon = 6 percent, xa (expected appreciation of the pound) = minus 1 percent (that is, the pound is expected to depreciate by 1 percent), and RP (risk premium for investing in London) is 2 percent. Assuming these numbers all apply to the same time period, explain why this is a disequilibrium situation and how uncovered interest parity is attained.