Recreate this in an excel and find the answers for the yellow boxes. Shoe the cell references as well.

210 e. Using the forward exchange information from Table 3, calculate the return on 90-day securities in England, if the rate 211 of return on 90 -day securities in the U.S. is 4.9% ? 212 213 Applying interest rate parity, we can determine the return on 1-year securities in England. 214