Assume that interest rate parity exists and will continue to exist. As of this morning, the one-month interest rate in the United States was lower than the one-month interest rate in the eurozone. Assume that as a result of the European Central Bank's monetary policy this afternoon, the one-month interest rate of the euro decreased and is now lower than the U.S. one-month interest rate. The one-month interest rate in the United States remained unchanged. a. Based on the information, do you think the one-month forward rate of the euro exhibited a discount or premium this morning? The one-month forward rate of the euro exhibited a -Select- b. How did the forward rate of the euro change this afternoon? this morning. I. In the afternoon, the forward rate of the euro should exhibit a lower premium than in the morning. II. In the afternoon, the forward rate of the euro should exhibit a discount instead of a premium. III. In the afternoon, the forward rate of the euro should exhibit a premium instead of a discount. IV. In the afternoon, the forward rate of the euro should exhibit a lower discount than in the morning. -Select-