Interest rates in Japan are currently 8.25% p.a. and in French interest rates are currently offered at a negative 0.5% p.a. The Euro currently trades at EUR/YEN 8.73. Given the current spot rate of EUR/USD 1.18 and an annualised forward premium of 0.85% p.a. for the EUR against the USD, generate a forecast of the value of the USD in terms of YEN for 2 year's time. Which equilibrium relationships are you using to generate this forecast? please show all the steps involved.