Question 1 10 pts Suppose that the U.S. nominal interest rate is 2.7 percentage points lower than that in China (currency. CNY). If the current spot exchange rate is $0.159/CNY, and all of the parity conditions from class hold, what should be the 6-month futures price? Express your answer as the number of dollars to equal 1 CNY to 3 decimal places. Question 2 10 pts Suppose that the British (currency: Pound) inflation rate is 3.3% while that in the U.S. is 4.8%. If Britain currently issues 1-year bonds with an interest rate of 6.0%, and if all of the parity conditions from class hold, what should be the interest rate on a 1-year U.S. bond