Suppose New Zealand interest rates relative to interest rates abroad go down. According to VIP, this will result in, ceteris paribus, O a. none of the options. O b. a higher spot exchange rate (expressed as foreign currency per New Zealand dollar). O c. an expected depreciation of the New Zealand dollar in the future. O d. a weaker New Zealand dollar today. The 120-day INR interest rate is 5.80% p.a., and the 120-day EUR interest rate is 1.80% p.a. According to CIP, for delivery in 120 days. O a. the EUR is trading at 11.79% discount to the INR O b. the INR is trading at 11.79% discount to the EUR . the EUR is trading at 11.79% premium to the INR O d. the INR is trading at 11.79% premium to the EUR