Which one of the following statements is TRUE concerning uncovered interest parity? Select one: a. If the Japanese interest rate is 5% above that of the US and the spot exchange rate is 100 yen $1 then the expected future spot rate in one year's time is approximately 95 yen/\$1. b. If the yen is expected to depreciate 4% then the Japanese interest rate is 4% below that in the United States c. If the Japanese interest rate is 2% below that of the US and the spot exchange rate is 100 yen $1 then the expected future spot rate in one year's time is approximately 98 yen/\$1. d. If the yen is expected to appreciate 2% then the Japanese interest rate is 2% above that in the United States. Which one of the following statements is TRUE concerning uncovered interest parity? Select one: a. If the Japanese interest rate is 5% above that of the US and the spot exchange rate is 100 yen $1 then the expected future spot rate in one year's time is approximately 95 yen/\$1. b. If the yen is expected to depreciate 4% then the Japanese interest rate is 4% below that in the United States c. If the Japanese interest rate is 2% below that of the US and the spot exchange rate is 100 yen $1 then the expected future spot rate in one year's time is approximately 98 yen/\$1. d. If the yen is expected to appreciate 2% then the Japanese interest rate is 2% above that in the United States