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Hello. please solve exercise 13, points a), b) and c) and please explain in details how to do it. Thank you! Please, do not provide

Hello. please solve exercise 13, points a), b) and c) and please explain in details how to do it. Thank you!

Please, do not provide me with an incomplete solution.

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EXERCISE 13 Considering Fisher effect, if forecasted inflation rate in Spain is double than in Japan, and considering nominal interest rates are 3,03% in Spain and 1,75% in Japan, calculate: a) Forecasted inflation rate in Spain. b) Real interest rate in each country c) Considering open economies, % of appreciation or depreciation for each currency

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