In the October 23, 1999 issue, the Economist reports that the interest rate per annum is 5.93% in the United States and 70.0% in Turkey. Why do you think the interest rate is so high in Turkey? Based on the reported interest rates, how would you predict the change of the'exchange rate between the U.S. dollar and the Turkish lira according to international Fisher effect? Required: o. A high Turkbh interest tate must reflect a high expected in Turkey. b. The expected appreciation or depreclation of the Turkish lira against the US, doltar according to international Fisher effect: Note: Round your persentage answer to 2 decimal places. Answer is complete but not entirely correct