1.The nominal annual interest rate on 6-month U.S. Treasuries is 0.04% (i.e., the semiannual return is 0.02%). The spot rate of the British pound is $1.5400 (0.6494 per U.S. dollar) and the 6-month forward rate of the British pound is $1.4982 (0.6675 per U.S. dollar). If interest rate parity holds, what is the nominal annual interest rate on default-free 6-month British bonds? Round to 4 decimal places.

2.The nominal annual interest rate on 6-month U.S. Treasuries is 0.08% (i.e., the semiannual return is 0.04%). The spot rate of the British pound is $1.6901 (0.5917 per U.S. dollar) and the 6-month forward rate of the British pound is $1.5000 (0.6667 per U.S. dollar). If interest rate parity holds, what is the nominal annual interest rate on default-free 6-month British bonds?

You MUST round you answer to four decimal places

3.

A U.S. consumer observes that a golf club costs $500. Currently in the spot market, 1 euro can be exchanged for $1.7521. If purchasing power parity (PPP) holds, how many euros should you expect to pay for the same golf club in Europe?

You MUST round you answer to two decimal places.

4.A U.S. consumer observes that a golf club costs $500. Currently in the spot market, 1 euro can be exchanged for $1.1012. If purchasing power parity (PPP) holds, how many euros should you expect to pay for the same golf club in Europe?

You MUST round you answer to two decimal places

I got all four of these wrong. I need help on how to solve these. Obviously what I did wasnt correct. Thank you for your time!!