please help!!

according to the covered If the interest rate in China is 5% and the interest rate in South Korea is 3%, IRP the Chinese yuan should trade at a forward discount against the Korean won. o the Chinese yuan should trade at a forward premium against the Korean won. the Chinese yuan should depreciate against the Korean won. o the Chinese yuan should appreciate against the Korean won Which of the following statements about arbitrage is NOT correct? O Arbitrage opportunities can persist in the absence of market imperfections The market can be said to be in equilibrium when no profitable arbitrage opportunities exist. The law of one price is the foundation of arbitrage, Arbitrage is the act of simultaneously buying and selling the same or equivalent assets or commodities for the purpose of making certain, guaranteed profits. According to the covered interest rate parity, which of the following does NOT affect the forward exchange rate between the US dollar and the Chinese yuan? The expected exchange rate between the US dollar and the Chinese yuan The interest rate in China The interest rate in the US The spot exchange rate between the US dollar and the Chinese yuan To take advantage of a covered interest arbitrage opportunity, many investors are borrowing the Japanese yen to buy the euro and invest in a euro-denominated loan hedged with a forward contract. Which of the following is likely a result of the arbitrage activities? An increase of the euro interest rate O A decrease of the Japanese interest rate A decrease of the forward exchange rate F/W/C) A decrease of the spot exchange rate 5W/)