9. You are provided with the following information: Consumer Country Prices Interest Rates Forecast 3-month l-yr Govt Bond 2007e Latest Latest Australia 2.496 6.90% 6.23% Japan 0.0% 0.73% 1.65% United States 2.8% 4.72% 4.54% Unemployment Current Units (per USS) Rate Latest Oct 17th Year Ago 4.2% 1.12 3.8% 117 119 4.7% 1.00 1.00 1.33 I. Using the spot rates and three-month interest rates above, calculate the 90-day forward rates for: a Japanese yen/US dollar exchange rate b. Japanese yen/Australian dollar exchange rate c. Australian dollar/US dollar exchange rate II. Calculate each country's Misery Index (unemployment + inflation) and then use it like interest differentials to forecast the future spot exchange rate, one year into the future. 9. You are provided with the following information: Consumer Country Prices Interest Rates Forecast 3-month l-yr Govt Bond 2007e Latest Latest Australia 2.496 6.90% 6.23% Japan 0.0% 0.73% 1.65% United States 2.8% 4.72% 4.54% Unemployment Current Units (per USS) Rate Latest Oct 17th Year Ago 4.2% 1.12 3.8% 117 119 4.7% 1.00 1.00 1.33 I. Using the spot rates and three-month interest rates above, calculate the 90-day forward rates for: a Japanese yen/US dollar exchange rate b. Japanese yen/Australian dollar exchange rate c. Australian dollar/US dollar exchange rate II. Calculate each country's Misery Index (unemployment + inflation) and then use it like interest differentials to forecast the future spot exchange rate, one year into the future