Suppose the spot and three-month forward rates for the yen are $79.20 and 78.64, respectively. What would you estimate is the difference between the annual inflation rates of the United States and Japan? (A negative answer should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) % Answer is complete but not entirely correct. Annual inflation rate -2.83 % differential