Question 27 (1 point) If the one-year interest rate is 2% on Swiss francs and 5% on U.S. dollars, the exchange rate is currently SFr 1 = $0.96, and the expected spot rate in 3 years is SFr 1 = $1.03, what does the International Fisher Effect suggest the U.S. interest rate will become in 3 years? (Enter your answer as a whole number with no symbols. For example, if you compute 1.23%, enter "1.23") Your Answer: Anna Question 28 (1 point) What would happen if interest paid in New York on dollars is 7% and the covered yield on pounds is 7.897%? Money would flow from New York to London O Money would flow from London to New York