Use Figure 21.1 to answer the following questions. Suppose interest rate parity holds, and the current six month risk-free rate in the-United States is 1.3 percent. Use the approximate interest rate parity equation to answer the following questions. a. What must the six-month risk-free rate be in Great Britain? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What must the six-month risk-free rate be in Japan? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What must the six-month risk-free rate be in Switzerland? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Great Britain risk-free rate % % b. Japanese risk-free rate c. Swiss risk-free rate % 0197 740e 0008546 0055063 03328 . 03272 00004315 50, 801 13914 1170.2 181 61 39.95 30.56 23173 . 56382 - 1481 . 04381 . 1475 1.774 6.75 22.827 6.778 1.1026 00327912 008025 . 1105 9070 304.96 124.61 9.0484 3.8614 4.336 . 259 1.2306 Philippines peso Singapore dollar South Korea won Sri Lanka rupee Taiwan dollar Thailand baht Vietnam dong Europe Bulgaria lev Croatia kuna Czech Republic koruna Denmark krone Euro area euro Hungary forint Iceland krona Norway krone Poland zloty Romania leu Russia ruble Sweden krona Switzerland franc 1 month 3 month 6 month Turkey lira Ukraine hryvnia UK pound 1 month 3 month 6 month Middle East/Africa Bahrain dinar Egypt pound Israel shekel Kuwait dinar Oman sul rial Qatar rial Saudi Arabia riyal South Africa rand . 01611 . 1045 62.073 9.5669 1.0297 1.0317 1.0058 1.0418 .1684 . 9712 .9693 .9654 .9599 5.9891 24.5652 1.7649 .7656 7663 . 767 1.0407 1.3074 1.3062 1.3049 1.3038 3769 15.8006 3.455 BOBS 2.6529 - 0633 2894 3.2912 2.5974 2747 - 2665 0695 - 39 3.6408 3.7517 14.3928 o Type here to search