If interest rate parity exists, transactions costs are zero, and the forward rate is an accurate predictor of the future spot rate, then the effective financing rate on a foreign currency: O would be equal to the U.S. interest rate. would be less than the U.S. interest rate. O would be more than the U.S.financing rate. o would be less than the U.S. interest rate if the forward rate exhibited a discount and more than the U.S. interest rate of the forward rate exhibited a premium