1. Assume a US Treasury bill yields a net return of 8%. Suppose the British Pound is currently trading at $1.40, and is expected to appreciate to $1.47 in a year's time. Assuming uncovered interest parity holds, a UK government bill with a face value of 5000 British Pounds and maturing in a year will trade currently at ____________ British Pounds (round to the nearest pound)

1. Consider a stock in Poland that is currently trading at 150 Polish zloty. It is expected to sell in the future at 157 Polish zloty and has an anticipated dividend of 3 zloty.Suppose the Polish Zolky is currently trading at 2.50 Swedish Krona, and it is expected to depreciate to 2.25 Swedish Krona.The net return on this asset, in terms of its payoff in Swedish Krona, is ________%

1. Suppose the Brazilian real is trading at 1 real = $.20 US, and the South African rand is trading at $.060 US. The value of one South African rand is ________ Brazilian real, assuming triangular arbitrage holds.