3. On a particular date, the spot exchange rate between U.S. $ and the euro was $1.10/?, the one- year US$ interest rate was 2.50%

3. On a particular date, the spot exchange rate between U.S. $ and the euro was $1.10/â?¬, the one- year US$ interest rate was 2.50% and the one-year euro interest rate was 0.50%. If the interest rate...