How many Turkish lira do you get for your dollar?

Note: Round your answer to $4$ decimal places.

What is the three$-$month forward rate for the lira?

Note: Round your answer to $4$ decimal places.

Is the lira at a forward discount or premium on the dollar?

Use the one$-$year forward rate to calculate the annual percentage discount or premium on the lira.

Note: Enter your answer as a positive value. Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

If the one$-$year interest rate on dollars is $2\%$ annually compounded, what do you think is the one$-$year interest rate on the lira?

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.

According to the expectations theory, what is the expected spot rate for the lira in three months$$ time?

Note: Round your answer to $2$ decimal places.

According to purchasing power parity theory, what then is the expected difference in the three$-$month rate of price inflation in the United States and Turkey?

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places. Enter your answer as a positive value.