Suppose the current spot rate for the Norwegian krone is $1 = NKr5.9433. The expected inflation rate in Norway is 3.1 percent and in the U.S. it is 1.7 percent. A risk-free asset in the U.S. is yielding 3.2 percent. What risk-free rate of return should you expect on a Norwegian security?

		5.1 percent
		4.0 percent
		4.4 percent
		5.9 percent
		4.6 percent