Question 1:Information for the economy of Pogo2019 Interest payments received from Foreign on Foreign assets owned by Pogo: $45M . Interest payments paid to Foreign citizens on Pogo assets owned by Foreign $48M Federal Reserve Bank of Pogo's holding of interest free Foreign assets, start of 2019: $85M 2020 . Interest payments received from Foreign on Foreign assets owned by Pogo: $46M Interest payments paid to Foreign citizens on Pogo assets owned by Foreign $52M Federal Reserve Bank of Pogo's holding of interest free Foreign assets, start of 2020: $77M Assumptions: Interest rate on Foreign assets is 5% and the Interest rate on Pogo assets is 8% for both 2019 2020 Foreign central bank does not hold Pogo assets There are no Foreigners working in Pogo and no Pogo citizens working in Foreign during these years. Questions: 1. What is Pogo's international net worth at the start of 20197 Show your work. 2. What is Pogo's current account, CA, in 2019. Show your work 3. What is Pogo's trade account. TA, in 2019. Show your work. 4. What is Pogo's international net worth at the start of 2020? Show your work. 5. What is Pogo's balance of payments in 2019? Show your work Question 2. A zero-coupon bill issued by the UK government and matures in 3 months is currently trading at A similar bill, issued by the Swedish government has a face value of 100,000 Skr is selling at 96,000 Skr. Assume the British pound is currently trading at 12 Skr. Given this information, at what value. approximately, does the market believe the pound will trade at in 3 months' time, assuming uncovered Interest parity holds. Work this out the nearest 3 decimal points. Show and explain your work