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Suppose you observe a spot exchange rate of $1.4112/. If interest rates are 1.3% APR in the euro zone and 1.67% APR in the U.S.,

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Suppose you observe a spot exchange rate of $1.4112/. If interest rates are 1.3% APR in the euro zone and 1.67% APR in the U.S., what is the no-arbitrage 1-year forward rate? Answer format: found to four decimal places. Include the price currency only. For example: 1.1234($) or 1.1234()

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