1.The current exchange rate between Canadian dollar (CAD) and Australian dollar (AUD) is 0.89CAD/AUD. The CAD interest rate is 2.85% and AUD interest rate is 1.50%. Assume these interest rates are continuously compounded. What is the 1.5-yr forward price of AUD?

A.0.9009 CAD

B.0.9074 CAD

C.0.9082 CAD

D.0.9109 CAD

E.0.9112 CAD

2.What is the 1.5-yr forward price of CAD in terms of AUD?

A.1.0790 AUD

B.1.0842 AUD

C.1.0900 AUD

D.1.1010 AUD

I know question 1 how to solve 2