hey, due tonight! thank you

15.3.3: Equilibrium in the Foreign Exchange Market 0 of 1 point End of Section 15.3.1 The following data are given: Et=Y05=$1.00Et+1=Y102=$1.00U.S.=13% Unlimited tries If the interest parity condition is expected to hold, interest rates in Japan should equal \%. (Round your response to two decimal places.) That's incorrect. The interest parity condition is given by: iD=iF+EtEt+1cEt In words, the domestic interest rate equals the foreign interest rate plus the expected appreciation of the foreign currency. Note: Erepresents the yen per dollar exchange rate