Fidelity recently purchased $11.2 million worth of euro-denominated one-year CDs that pay 10 percent interest annually. The current spot rate of U.S, dollars for euros is $1104/6. a. Is Fidelity exposed to an appreciation or depreciation of the dollar relative to the euro? b. What will be the return on the one-year CD if the dollar appreciates relative to the euro such that the spot rate of U.S. dollars for euros at the end of the year is $1.004/1 ? (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g. 32.161)) c. What will be the return on the one-year CD if the dollar depreciates relative to the euro such that the spot rate of U.S dollars for euros at the end of the year is $1.204/1 ? (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g. 32.161))