Intro You have $12,000 to invest and observe the following interest rates and exchange rates: Annual interest rates Deposit rate Loan rate Dollar 3.8% 4.5% Ruble 7.5% 8.4% Exchange rates Bid Ask Ruble spot $0.015 $0.016 Ruble 1-year forward $0.017 $0.018 Part 1 Attempt 1/6 for 10 pts. How many rubles will you get from converting your dollars? 0+ decimals Submit Part 2 Attempt 1/6 for 10 pts. How many rubles will you have after depositing them at a Russian bank for one year? 0+ decimals Submit Part 3 | Attempt 1/6 for 10 pts. How many dollars will you get from selling your rubles at the one year forward rate? 0+ decimals Submit Part 4 | Attempt 1/6 for 10 pts. What is your risk-free rate of return (yield) from exploiting the higher interest rate in Russia? 3+ decimals Submit Intro You have $12,000 to invest and observe the following interest rates and exchange rates: Annual interest rates Deposit rate Loan rate Dollar 3.8% 4.5% Ruble 7.5% 8.4% Exchange rates Bid Ask Ruble spot $0.015 $0.016 Ruble 1-year forward $0.017 $0.018 Part 1 Attempt 1/6 for 10 pts. How many rubles will you get from converting your dollars? 0+ decimals Submit Part 2 Attempt 1/6 for 10 pts. How many rubles will you have after depositing them at a Russian bank for one year? 0+ decimals Submit Part 3 | Attempt 1/6 for 10 pts. How many dollars will you get from selling your rubles at the one year forward rate? 0+ decimals Submit Part 4 | Attempt 1/6 for 10 pts. What is your risk-free rate of return (yield) from exploiting the higher interest rate in Russia? 3+ decimals Submit