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Q3. You have one million USD to invest. The following table summarizes your investment opportunities: (1). Fill out the blanks (c), (b), and (c). (2)

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Q3. You have one million USD to invest. The following table summarizes your investment opportunities: (1). Fill out the blanks (c), (b), and (c). (2) Determine the spot exchange between GBP and JPY. (3) Calculate the one-year forward exchange rate between GBP and JPY. (4) If you believe in uncovered interest parity, how would you invest your one million USD? Explain your answer. (5) If you are a carry trader, how would you invest your one million USD? Explain your answer. (6) Considering what we have learned in class, would your real-life choice be more like your answer in (4) or in

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