18. If the 1 year interest rate in Iceland is 7% current spot rate is 15 Icelandic Krona per Canadian dollar, what wou rate in 1 year using the IFE? o and the l year rate in Canada is 3%, given that the be the forecasted spot 15 15.6 15.2 15.1 14.8. a. b. d. e. 19 Assume that the inflation rate in Barbados is 3.20%, while the inflation rate in the US. is 3.00%. According to PPP, the Barbados dollar (BBD) should a. appreciate: 1.1938% b, depreciate; 1.1938% c. appreciate: 0.1942% by d, depreciate: 0.1942% e, depreciate by 2.15%