Suppose you invested in a bond that has a par value of 3,333,333.3333 British pounds, a coupon rate of 5 percent (with payments being made at the end of each year), and four years until its maturity. Also suppose that the value of the pound is currently $1.50. For each of the scenarios, calculate the forecasted cash flows for years 1, 2, 3, and 4. (Hint: Do not round intermediate calculations. Round your final answers to the nearest whole dollar value.) Scenario I (Stable Pound) Year 1 Year 2 Year 3 Year 41 Forecasted value of the pound Forecasted dollar cash flows $1.50 $1.50 $1.50 $1.50 Scenario II (Weak Pound) Forecasted value of the pound Forecasted dollar cash flows Year 1 $1.48 Year 2 $1.46 Year 3 $1.44 $ $ Year 4 $1.40 Scenario III (Strong Pound) Forecasted value of the pound Year 1 $1.52 Year 2 $1.55 Year 3 Year 4 $1.58 $1.61 Forecasted dollar cash flows $ $ $ Based on your calculations, the most attractive foreign bonds are those that are denominated in a currency which over time.