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How do I approach this question? Question 17 Incorrect Marked out of 1.00 P Flag question If annualized interest rates on January 1, 1985 in

How do I approach this question?

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Question 17 Incorrect Marked out of 1.00 P Flag question If annualized interest rates on January 1, 1985 in the U.S. and France were 9% and 13%, respectively, and the spot value of the franc was $0.1109, then at what 180-day forward rate would interest rate parity hold? Select one: a. $0.1070 X b. $0.1150 c. $0.1088 d. $0.1130 e. none of these options. The correct answer is: $0.1088

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