Work in the 1-year forward exchange rate in spor Ethat satisfies IRP from the perspective of a customer that borrowed $1m traded for at the spot and invested at le = 3% QUESTION 19 Interest Rate APR is 4% i 3 USING YOUR PREVIOUS ANSWERS and a bit more work, find the 1-year forward exchange rate in s per that that satisfies IRP from the perspective of a customer who borrowed 1m, traded for dollars at the spot rate and invested at is - 4% Exchange Rate So($/) $1.45 = 1.00 F360($/) $1.48 = 1.00