FX5online2 Suppose that the spot exchange rates for polish zloty (PLN) are as follows: EUR/PLN = 4.2748 (i.e.: how much PLN is per 1.00 EUR) USD/PLN = 3.8109 (i.e.: how much PLN is per 1.00 USD) At the same time, the interest rate in U.S.A., Eurozone and Poland are as follows (in a table): 3 months 6 months 1 year LIBOR USD 1.1976% 1.4174% 1.7257% EURIBOR EUR -0.3290% -0.2540% -0.1310% WIBOR PLN 1.73% 1.81% 1.85% Based on these rates, what forward exchange rates are consistent with no arbitrage? Follow covered interest rate parity and calculate forward exchange rates EUR/PLN and USD/PLN, i.e.: analyze and answer how much PLN would be per 1.00 EUR (or per 1.00 USD) in future as the interest rate parity model works. Fill the relevant answers. If you have any doubt please write it bellow. Any other explanation will not be accepted. Forward exchange rate EUR PLN in 1 year is equal: Forward exchange rate USD/PLN in 1 year is equal: Forward exchange rate EUR/PLN in 6 months is equal: Forward exchange rate USD/PLN in 3 months is equal: MU ANSWERS O ie how much PLN is per 100 EUR e how much PLN is per 1.00 USD) Le how much PLNIS per 100 EUR) e how much PLN is per 100 USD)