pabo inlm Gran 8. Expected spot rates Please refer to Table 2 in the datafile. Given that forward rates are unbiased predictors of future spot rates, the EUR is expected to against the USD over the next 3 months. (Note: you should use mid rates for this question) a) appreciate by 4.83% b) appreciate by 4.61% c) depreciate by 4.83% d) depreciate by 4.61% A B Spot bid 1,0532 1,1643 102,33 ask 1,0554 1,1689 102,77 Forward (3 months) mid 1,1052 1,0822 EUR/USD GBP/USD USD/JPY GBP/EUR EUR/JPY GBP/JPY mid 1,0543 1,1666 102,55 1,1065 107,85 119,63 107,60 119,14 108,10 120,13