1)The 6-month forward rate between the British pound and the U.S. dollar is $1.71 per pound. If 6 month rates are 3% in the United States and 150 basis points higher in England, what is the current exchange rate?

2)A rare French cheese sells for 60.00 euros per pound. Assuming a very similar cheese in Wisconsin sells for $66 per pound, what is the exchange rate between the euro and the US dollar to 4 decimal places according to the law of one price?

3) If the price level recently increased by 20% in England while changing by 0.03% in the United States, how much must the exchange rate expressed as $/pound to 4 decimals change if PPP holds? Assume that the current exchange rate is 0.55 pounds per dollar.

4)An investor in England purchased a 91-day T-bill for $987.65. At that time, the exchange rate was $1.75 per pound. At maturity, the exchange rate was $1.66 per pound. What was the investors holding period return in pounds to 4 decimal places?

these are four quistions please answer them individualy