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If the current exchange rate is $1.1221/, and the annualized six-month money market rate in the Euro zone is 0.79% while the equivalent money market

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If the current exchange rate is $1.1221/, and the annualized six-month money market rate in the Euro zone is 0.79% while the equivalent money market rate in the U.S. is 1.16%, the Direct quote for the six-month EURUSD forward rate (that is in USD per EUR) should be: Note: Round your answer to the nearest fourth digit after the decimal point. For example, if the calculated forward rate is 1.04817, enter your answer as: 1.0482 1.1221 1.1242 margin of error+-0.0001

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