9. (3 points) Suppose you observe the following dollar-pound exchange rates, and the U.S. and the U.K. annual interest rates. From the U.S. perspective, what must be the one-year forward rate of dollars per pound when Interest Rate Parity (IRP) holds? Spot exchange rate S($/ ) $1.80/ 360-day forward rate F360($/ ) Annual U.S. interest rate 5.0% Annual U.K. interest rate 8.0% a. $1.85/ b. $1.80/ c. $1.78/ d. $1.75/