3 marks) Current exchange rates, 6 month forward exchange rates and risk free interest rates are as follows Australian Dollars British Pounds Canadian Dollars Euro Spot Per CS 1.23901 0.535174 1.00 0.655924 Fwd Per C$ 1.22891 0.5456 1.00 0.64993 Spot Per USS 1.48038 0.639427 1.1948 0.783699 Fwd Per USS 1.47065 0.6495 1.2231 0.7811 Suppose interest rate parity holds. If the current six-month risk-free rate in Canada is 5.4%, what must the six-month risk-free rate be in France (Euro)? (***Carry all decimal places for interim calculations, round final answers to 4 places **") (3 marks) The following spot rates are expressed in Canadian currency 1.08 Cdn = 1 U.S. dollar 1.45 Cdn = 1 Euro 2.13 Cdo = 1 British pound Required: Use the above data to calculate the amount in British pounds, which can be acquired with 150,000 Euro