DQuestion 13 Investors in both the US, and UK. require the same real interest rate, 3%, on their lending. There is a consensus in capital markets that the annual inflation rate is likely to be 2% in the U.S. and 1.5% in the U.K. for the next three years. The spot exchange rate is currently SI.50/. Using parity conditions, what is the most likely forward dollar-pound exchange rate for one-year maturity? $1.5350/E $1.50/f $1.5075/E O $1.4925/6