1. Based on the information in the table, assume U.S. interest rate is 0.25%, answer the following questions: (For each question, show your calculations and write your answers using 4 decimal places) (10 points) Currency Spot rate 90-days forward rate British Pound 1.6775 $/ 1.6790 $/ Japanese Yen 0.0098 $/4 0.0095 $ European Euro 1.3411 $/ $/ a. What is the spot exchange rate of pound/Yen ()? b. Based on CIP, what's the European interest rate? C. If Japanese interest rate is 3.72%, is there any arbitrage opportunity? d. Assume interest rate in Britain is 0.35%. Based on UIP, what's the expected exchange rate between dollar and pound ($/) 90 days later