Suppose that the one year forward exchange rate is $1.2700/ and you expect that the spot exchange rate one year from now will be $1.3000/. If you were a speculator you would sell the British pound forward. O True False Suppose that the current spot exchange rate is $1.1700/ and the one year forward exchange rate is $1.2000/. Based on the parity condition of 'Forward Rates as Predictors of Future Spot Rates', the expected spot exchange rate one year from now is $1.1700/ $1.2000/