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Assume that interest rate parity holds. The U.S. four-year interest rate is 9% annualized, and the Danish four-year interest rate is 4% annualized. Today's spot

Assume that interest rate parity holds. The U.S. four-year interest rate is 9% annualized, and the Danish four-year interest rate is 4% annualized. Today's spot rate of the Danish krone is $.182. What is the approximate four-year forecast of the krones spot rate if the four-year forward rate is used as a forecast?

Question 24 options:

$.182

$.231

$.220

$.262

$.152

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