The three-month interest rate on yen is ir=1% per annum; the three-month interest rate on euros is ie=5.5% per annum. Which one of the following statements is correct? Select one: a. The euro is going to appreciate in the next year. b. According to the asset market approach, the current spot rate should be 41.293/ if the expected three-month spot rate Sz(V/6)=1.250. C. Based on the Uncovered Interest Rate Parity, the euro is expected to appreciate by 4.5% against yen next three months. d. To start a carry trade, a trader can short the euro against yen in three-month forward contracts. e. In a carry trade between euro and yen for three months, the profit will be V0.0315(for each yen borrowed) if the euro has appreciated 2% against yen in the three months