Due to the integrated nature of their capital markets, investors in both the United States and the UK respare the same redes rate, 3.0 percent, on their lending There is a consensus in capital markets that the annual inflation rate is key to be 40 perc in the United States and 2.0 percent in the UK for the next three years. The spot exchange rate is currently $2.0 a. Compute the nominal interest rate per annum in both the United States and the UK, assuming that the Feher effect holds. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Nominal rate in US Nominal rate in U.K 5. What is your expected future spot dollar-pound exchange rate in three years from now? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Expected future spot rate < Prev 23 of 26 Next > Meeting in "Genera