The following fundamental variables have been selected as highly influential variables in the prediction of the percentage change (E%) of the exchange rate between the Redland $(RL$) and the Pink Land $(PL$) i. Using the variables and sensitivity factors above formulate a fundamental forecasting model that can be used to estimate the percentage change (E% ) between the RL$ AND PL\$. [2 Marks] ii. What is the forecasted percentage change in the exchange rate between RL$ and PL\$? [2 Marks] iii. Given that the RL\$/PL\$ spot rate is 2.7254 and that the annual percentage change is 3.0406%. What is the 30 -day forward rate? [1 Mark] iv. If the spot RL\$/PLS IS 2.7930 and the six-month forward rate is PL\$/RL\$O.3344. Calculate the RL\$/PL\$ six months forward pickup or markdown [2 Marks]