could someone please help me out with this

7) [12 points] Assume that initially the euro-dollar FX market is in equilibrium. The current spot rate is 0.90 per USD. Interest rate on euro deposit in Paris is 4%, while the interest rate on USD deposit in New York is 2%. The expected future exchange rate is Eos=0.918 euros per dollar. Then, the Fed announces a 150 basis points increase in dollar interest rate (1.5 percentage points). What is the new equilibrium spot exchange rate for euros per dollar? Round your answer to four decimal points. Explain the economic intuition for the answer you found