all you have to do is solve the equation below;

132.23 = 127.11 x (1+ i ) ^0.25

Suppose the spot and three-month forward rates for the yen are 4127.11 and 132.23, respectively. What would you estimate is the difference between the annual inflation rates of the United States and Japan? Multiple Choice -14.61% 4,03% 16.43% 17.79% 17.11%