(i) The regression result of the error correction model is shown below where DCP = log (CPt) - log (CPt-1) and DEXRATE = log(EXRATE,) - log (EXRATEt-1). Dependent Variable: DEXRATE Method: Least Squares Date: 09/26/21 Time: 18:56 Sample (adjusted): 2010M03 2021M08 Included observations: 138 after adjustments Variable Coefficient Std. Error t-Statistic Prob. DCP -0.203159 0.070313 -2.889373 0.0045 U(-1) -0.133841 0.042793 -3.127628 0.0022 C -0.000899 0.002394 -0.375256 0.7081 R-squared 0.136457 Mean dependent var -0.001796 Adjusted R-squared 0.123664 S.D. dependent var 0.029825 S.E. of regression 0.027920 Akaike info criterion -4.297457 Sum squared resid 0.105235 Schwarz criterion -4.233821 Log likelihood 299.5245 Hannan-Quinn criter. -4.271597 F-statistic 10.66632 Durbin-Watson stat 2.033614 Prob(F-statistic) 0.000050