If the interest rate is higher in Europe than the U.S, then according to covered interst rate parity

	a.	the forward exchange rate (F$/euro) will be higher than the spot rate (E$/euro)
	b.	the forward exchange rate will be lower than the spot rate
	c.	the forward rate will be higher than the expected future spot rate
	d.	the forward rate will be lower than the expected future spot rate