International Fischer Forecasts. Use the table containing economic, financial, and business indicators to answer the following questions. Assuming International Fischer-one version of Purchasing Power Parity-applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year b. Japanese yen/Australian dollar in one year c. Australian dollar/U.S. dollar in one year Assuming International Fischer-one version of Purchasing Power Parity-applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year The future spot exchange rate for Japanese yen/U.S. dollar in one year is v$. (Round to two decimal places.) The table below contains economic, financial, and business Indicators from 2015: Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States Industrial Unemployment Rate Production Forecast Latest Qtr 2016e Recent Qtr Gross Domestic Product Forecast Qtr 2015e 3.8% 4.1 % -1.2 % 20 % 3.8 % 2.0 % Country Australia Japan United States Latest 4.3% 3.5 % 4.6% 4.2 % 1.6% 1.9 % 4.3% 3.8 % 1.9 % 2.2 % 1.9% 4.7% Consumer Prices Interest Ratos Forecast 3-month 1-yr Govt Country Australia Year Ago Latest 20150 Latest Latest 4.0 % 2.4 % 2.1 % -0.2% 6.90 % 6.23 % 0.9 % Japan United States 0.73 % 0.0 % 2.8% 1.65 % 2.1 % 2.8% 4.72% 4.54 % Trade Balanco Current Units (per USS) Last 12 mos Country (billion $) Current Account Last 12 mos Forecast 15 (billion $) (% of GDP) -47.0 -5.7 % 1975 4.6 % -7932 -5.6 % Oct 17th Year Ago Australia -13.0 1.12 1.33 98.1 Japan United States 117.00 119.00 -810.7 1.00 1.00 Note: Unless otherwise noted, percentages are percentage changes over one year. Rec Otr = recent quarter. Values for 2015e are estimates or forecasts