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Beginning of the yoar Spot rate of GBP =1,596 USD por CBP Spet rate of AUD =0.70 USD per AUD Cross exchange rate 2.28AUD=1GPB One-year

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Beginning of the yoar Spot rate of GBP =1,596 USD por CBP Spet rate of AUD =0.70 USD per AUD Cross exchange rate 2.28AUD=1GPB One-year forward rate of AD=0.71. USO per AUD One-year forward rate of GBP=1.50004 USD per GBP One-year U.S. interest rate =8.00% One-year British intorent rate =9.09% One-year Australian interest rate =7.00% Based on the information for the beginning of the yeat, use the international Fisher ettect (Ife) theory to forecast the arnual percentage change in the Brisiah pourd's value over the year. For the toobac, press ALT +F10 (PC) or ALT +FN+F10 (Mac)

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