The current spot exchange rate between the Euro and the Dollar is 61=$1.07. The 12 -month forward exchange fate is 61=51.05. Assume you are an American investor planning to invest in EU bonds. The interest rate in the EU (CU bonds) is 5% per year. Describe Ehe transactions to compute the returns to invest in EU bonds for a year. QUESTION 4 25 points The 12-month forward exchange rate is 1=51.05. The interest rate in the EU is 5% per year, The interest rate in the US is 8% per yoar. When the interest rate parity is roughly held, what would be the spot exchange rate? 1=$0.981=$1.021=$1.051=$