Suppose that the current spot exchange rate is 0.80/$ and the three-month forward exchange rate is 0.7813/$. The three-month interest rate is 5.60 percent per annum in the United States and 5.40 percent per annum in France. Which of the following is going to happen as a result of covered arbitrage activities toward restoring the interest parity condition?

The euro interest rate will fall

The dollar interest rate will fall

The /$ spot exchange rate will rise

The /$ forward exchange rate will fall