The interest rate parity theorem is

Question $9$Select one:

a$.$

the interest rate quoted by the Central Bank as lender of last resort, with respect to foreign currency transactions.

b$.$

the relationship between the interest rate differential between two currencies and the difference between forward and spot exchange rate of the two same currencies.

c$.$

the relationship between the interbank offer rate in new York and London.

d$.$

the interest earned by a trader on a forward exchange rate contract.