Assume that you are a Canadian living in Canada, and have $1,0000DN and you are debating about where to invest it for one year in Canada or in the USA. Currently, the market interest rate in Canada (CAN) is 2.70% and in the USA, the market interest rate (lus) is 3.75%. The current exchange rate is $1.3107USD= $1CAD. The spot exchange rate (R) has US currency in the denominator and Canadian currency in the numerator. The forward exchange rate (F) is the spot exchange rate one year from now. Using above information, complete the below statements, filling in your final complete answer in the space/box provided to the right of the statement. Do not show your work 1 A- B I T E !!! E E # During this coming year assuming interest rate parity, 1.3888 1:3233 a.)you predict that the percentage change in US-Canadian dollar exchange rate will be b) you predict the forward exchange rate will be equal to c.) you predict an appreciation of the Curreng d) you predict depreciatien of the currency USA Canada