This question is related to foreign exchange/international finance. thumbs up for CORRECT answers, please and thanks!

Question 3 0.5 pts Questions 2-5 are based on the following information: Suppose that the annual interest rate is 6 percent in the United States and 4 percent in Great Britain, and that the spot exchange rate is $2/ and the forward exchange rate, with 6-month maturity, is $2.3/. Assume that an arbitrager can borrow up to $10,000 or 5,000. Step 2: Calculate the LHS and RHS of IRP equation: RHS: (1+ (please leave 2 decimal points), so I+i | (I + JMs/E)/S(S/E) (please insert >,