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Here are some statistics: GBP() CHF Inflation (annual rate) 10% 4% One-year interest rate 12% ?% Spot exchange rate (CHF per ) 3 Expected exchange

  1. Here are some statistics:

GBP() CHF

Inflation (annual rate) 10% 4%

One-year interest rate 12% ?%

Spot exchange rate (CHF per ) 3

Expected exchange rate (in one year) ?%

One-year forward exchange rate (CHF/) ?%

Based on the linear approximation of international parity relations, replace the question marks with appropriate answers.

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