The result of the regression of the return in NZD against the change in inflation and the change in interest rate in New Zealand is: variable Coefficients t Stat Intercept Diff. rates Diff. inflation -0.001 -0.0 1-2.60 0.058 2.54 The data for the difference in rates and difference in inflation are as follows: I Diff. rates (%) | Diff. Inflation (%) 0.27 0.08 Average 0.11 std 0.09 The NZD at t-0 is 0.775 [USDNZD]. Decide if you would take the short on a futures contract for NZD at a settlement price of 0.7 [USD/NZD]