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current spot price is 1.2$/EUR while the forward price of a year is 1,18 usd/EUR. if the annual interest rate of deposit s of the

current spot price is 1.2$/EUR while the forward price of a year is 1,18 usd/EUR. if the annual interest rate of deposit s of the euro is 4% which is the annual interest rate of the USD? SOLVE AND SHOW ME THE SOLUTION. choose one of the following which is closer to your results. a. 5.76% b. 3.56% c. 1.69% d. 2.27%

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