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NOMINAL AND REAL RATE = INTEREST RATES Listed below are indirect spot and one-year forward exchange rates, nominal and real interest rates and unyurrency Last

image text in transcribedimage text in transcribedNOMINAL AND REAL RATE = INTEREST RATES

Listed below are indirect spot and one-year forward exchange rates, nominal and real interest rates and unyurrency Last Year Spot Surent Spot IYear For, Nominal Rate Real Rate i Greece Drachma 235.75 237.12 240.00 15.5% 3.125% Denmark Krone 5.89 5.73 5.50 2.96% 1.3% US U.S. S 6.2% 3.0% 7d) (5 points) Forecast future spot rate assuming that the forwar d quotes can be extrapolated over the nest several years Currency Current Spot ffor listed foreign currency (FC) ESpot in 2 Years) Krone 5.73

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