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Question 20 (4 points) Listen Suppose that the one-year interest rate is 5.58% in Italy, the spot exchange rate is $1.5881/1.00, and the one- year

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Question 20 (4 points) Listen Suppose that the one-year interest rate is 5.58% in Italy, the spot exchange rate is $1.5881/1.00, and the one- year forward exchange rate is $1.6329/1.00. Based on interest rate parity, what must the one-year interest rate be in the United States? 2.683% 8.558% 2.613% 2.744% 4.910% 3.085%

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