(pls use excel function to solve the problem and round off 2 decimals)

Given the following information: indirect spot rate of 1 Canadian dollar/US dollar: $1.2654, Canadian nominal annualized rate is 5%; US nominal annualized rate is 4%. Using the interest rate parity, determine the

a) indirect 90-day forward rate: Canadian dollar/US dollar

b) Direct 90-day forward rate U.S. dollar/ Canadian dollar