The 6-month U.S. dollar ($) interbank interest rate is 0.16508% (not annualized). The 6- month euro () interbank interest rate is 0.07143% (not annualized). The current spot exchange rate is $1.2835/. a. According to open (uncovered) interest parity, is the euro expected to appreciate or depreciate against the U.S. dollar over the six month period? What is the expected rate of change of the exchange rate over the six month period? (HINT: Since the exchange rate is quoted as dollars per euro, think of the euro as the domestic currency and the dollar as the foreign currency.) b. According to covered interest parity, what is the 6-month forward $/ rate? Is the U.S. dollar at a premium or a discount 6 months forward? Is the euro at a premium or discount 6 months forward? c. Suppose that the 6-month forward rate is $1.27/. In this case, is the euro return on the euro asset greater or less than the euro return on the U.S. dollar asset?te Window Give an example of how would you take advantage of the mispricing