Question 15 17 The current spot rate is $1.10/. Interest rates over the next year are 2% in the US and 6% in Europe. What is the implied 1-year forward rate? $1.1220/ $1.0585/ $1.0377/ $1.1431/ Question 16 1 pts The current spot rate is 480/$. Interest rates over the next year are 4% in the US and 1% in Japan. What is the implied 1-year forward rate? 77.69/$ V82.38/$ OO 80.80/$ 176.92/$