Use Figure 32.1A and Figure 32.1C to answer the following questions. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Suppose interest rate parity holds, and the current six-month risk-free rate in Canada is 1.5 percent. The six-month risk-free rate be in the United Kingdom, Japan, and Germany must be percent, percent, and percent, respectively. FIGURE 32.1A Exchange Rate Quotations Per USS Latest Previous day One week ago 4 weeks ago Week % change 4 week % change Day % change tot 0.8% Canada $ 1.2762 1.2665 1.2604 1.2889 1.3% -1.0% Euro 0.8138 0.8098 0.8106 0.8089 0.5% 0.4% 0.6% Japan Yen 107.6470 107.4500 107.3200 104.7290 0.2% 0.3% 2.8% UK Pound 0.7142 0.7101 0.7025 0.7077 0.6% 1.7% 0.9% Switzerland Franc 0.9745 0.9716 0.9616 0.9469 0.3% 1.3% 2.9% Australia $ 1.3036 1.2944 1.2873 1.2985 0.7% 1.3% 0.4% Mexico Peso 18.5105 18.4453 18.0340 18.5090 0.4% 2.6% 0.0% Hong Kong $ 7.8437 7.8466 7.8486 7.8446 0.0% -0.1% 0.0% Singapore $ 1.3146 1.3116 1.3114 1.3148 0.2% 0.2% 0.0% China Renminbi 6.2944 6.2766 6.2724 6.3109 0.3% 0.4% -0.3% India Rupee 66.2420 66.12.30 65.2411 64.9790 0.2% 1.5% 1.9% Russia Rouble 61.3762 60.9272 62.0198 57.2230 0.7% -1.0% 7.3% Brazil Real 3.4127 3.3875 3.4222 3.3108 0.7% -0.3% 3.1% Per CDN$ Latest Previous day One week ago 4 weeks ago Day % change Week % change 4 week % change US $ 0.7836 0.7896 0.7934 0.7759 -0.8% -1.2% 1.0% Euro 0.6377 0.6394 0.6431 0.6276 -0.3% -0.8% 1.6% Japan Yen 84.3496 84.8428 85.1476 81.2546 -0.6% -0.9% 3.8% UK Pound 0.5596 0.5607 0.5574 0.5491 -0.29 0.4% 1.9% Switzerland Franc 0.7636 0.7672 0.7629 0.7347 -0.5% 0.1% 3.9% Australia $ 1.0215 1.0221 1.0213 1.0075 -0.1% % 0.0% 1.4% Mexico Peso 14.5044 14.5645 14.3082 14.3603 -0.4% 1.4% 1.0% Hong Kong $ 6.1461 6.1957 6.2271 6.0863 -0.8% -1.3% 1.0% Singapore $ 1.0301 1.0357 1.0405 1.0201 -0.5% - 1.0% 1.0% China Renminbi 4.9321 4.9560 4.9765 4.8964 -0.5% -0.9% 0.7% India Rupee 51.9057 52.2109 51.7622 50.4143 -0.6% 0.3% 3.0% Russia Rouble 48.0929 48.1083 49.2064 44.3968 0.0% -2.3% 8.3% Brazil Real 2.6741 2.6748 2.7152 2.5687 0.0% -1.5% 4.1% Quotes have been rounded to the fourth decimal for clarity: quotations are closing rates of April 20, 2018. FIGURE 32.1C Forward Exchange Rate Quotations Per US$ 1 month 3 months 6 months 1 year 2 years 3 years 4 years 5 years CDNS 1.2754 1.2736 1.2714 1.2674 1.2604 1.2553 1.2520 1.2499 Euro 0.8121 0.8081 0.8022 0.7892 0.7637 0.7413 0.7227 0.7063 Yen 107.4596 106.9855 106.2560 104.6175 101.1850 97.7175 94.4700 91.3300 British Pound 0.7134 0.7113 0.7083 0.7020 0.6896 0.6782 0.6681 0.6588 Per CDN 1 month 3 months 6 months 1 year 2 years 3 years 4 years 5 years US$ 0.7840 0.7851 0.7865 0.7890 0.7934 0.7966 0.7987 0.8000 Euro 0.6368 0.6346 0.6310 0.6227 0.6060 0.5906 0.5772 0.5654 Yen 84.2730 84.0197 83.5912 82.5639 80.3086 77.8605 75.4781 73.0769 British Pound 0.5594 0.5586 0.5572 0.5539 0.5472 0.5403 0.5337 0.5271 Quotes have been rounded to the fourth decimal for clarity; quotations are closing rates of April 20, 2018. Use Figure 32.1A and Figure 32.1C to answer the following questions. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Suppose interest rate parity holds, and the current six-month risk-free rate in Canada is 1.5 percent. The six-month risk-free rate be in the United Kingdom, Japan, and Germany must be percent, percent, and percent, respectively. FIGURE 32.1A Exchange Rate Quotations Per USS Latest Previous day One week ago 4 weeks ago Week % change 4 week % change Day % change tot 0.8% Canada $ 1.2762 1.2665 1.2604 1.2889 1.3% -1.0% Euro 0.8138 0.8098 0.8106 0.8089 0.5% 0.4% 0.6% Japan Yen 107.6470 107.4500 107.3200 104.7290 0.2% 0.3% 2.8% UK Pound 0.7142 0.7101 0.7025 0.7077 0.6% 1.7% 0.9% Switzerland Franc 0.9745 0.9716 0.9616 0.9469 0.3% 1.3% 2.9% Australia $ 1.3036 1.2944 1.2873 1.2985 0.7% 1.3% 0.4% Mexico Peso 18.5105 18.4453 18.0340 18.5090 0.4% 2.6% 0.0% Hong Kong $ 7.8437 7.8466 7.8486 7.8446 0.0% -0.1% 0.0% Singapore $ 1.3146 1.3116 1.3114 1.3148 0.2% 0.2% 0.0% China Renminbi 6.2944 6.2766 6.2724 6.3109 0.3% 0.4% -0.3% India Rupee 66.2420 66.12.30 65.2411 64.9790 0.2% 1.5% 1.9% Russia Rouble 61.3762 60.9272 62.0198 57.2230 0.7% -1.0% 7.3% Brazil Real 3.4127 3.3875 3.4222 3.3108 0.7% -0.3% 3.1% Per CDN$ Latest Previous day One week ago 4 weeks ago Day % change Week % change 4 week % change US $ 0.7836 0.7896 0.7934 0.7759 -0.8% -1.2% 1.0% Euro 0.6377 0.6394 0.6431 0.6276 -0.3% -0.8% 1.6% Japan Yen 84.3496 84.8428 85.1476 81.2546 -0.6% -0.9% 3.8% UK Pound 0.5596 0.5607 0.5574 0.5491 -0.29 0.4% 1.9% Switzerland Franc 0.7636 0.7672 0.7629 0.7347 -0.5% 0.1% 3.9% Australia $ 1.0215 1.0221 1.0213 1.0075 -0.1% % 0.0% 1.4% Mexico Peso 14.5044 14.5645 14.3082 14.3603 -0.4% 1.4% 1.0% Hong Kong $ 6.1461 6.1957 6.2271 6.0863 -0.8% -1.3% 1.0% Singapore $ 1.0301 1.0357 1.0405 1.0201 -0.5% - 1.0% 1.0% China Renminbi 4.9321 4.9560 4.9765 4.8964 -0.5% -0.9% 0.7% India Rupee 51.9057 52.2109 51.7622 50.4143 -0.6% 0.3% 3.0% Russia Rouble 48.0929 48.1083 49.2064 44.3968 0.0% -2.3% 8.3% Brazil Real 2.6741 2.6748 2.7152 2.5687 0.0% -1.5% 4.1% Quotes have been rounded to the fourth decimal for clarity: quotations are closing rates of April 20, 2018. FIGURE 32.1C Forward Exchange Rate Quotations Per US$ 1 month 3 months 6 months 1 year 2 years 3 years 4 years 5 years CDNS 1.2754 1.2736 1.2714 1.2674 1.2604 1.2553 1.2520 1.2499 Euro 0.8121 0.8081 0.8022 0.7892 0.7637 0.7413 0.7227 0.7063 Yen 107.4596 106.9855 106.2560 104.6175 101.1850 97.7175 94.4700 91.3300 British Pound 0.7134 0.7113 0.7083 0.7020 0.6896 0.6782 0.6681 0.6588 Per CDN 1 month 3 months 6 months 1 year 2 years 3 years 4 years 5 years US$ 0.7840 0.7851 0.7865 0.7890 0.7934 0.7966 0.7987 0.8000 Euro 0.6368 0.6346 0.6310 0.6227 0.6060 0.5906 0.5772 0.5654 Yen 84.2730 84.0197 83.5912 82.5639 80.3086 77.8605 75.4781 73.0769 British Pound 0.5594 0.5586 0.5572 0.5539 0.5472 0.5403 0.5337 0.5271 Quotes have been rounded to the fourth decimal for clarity; quotations are closing rates of April 20, 2018