You observe the following exchange rates in the newspaper: Country/currency In US$ Per US$ Europe euro 1.079 0.927 1-month forward 1.082 0.924 Japan Yen 0.00801 124.91 1-month forward 0.00797 125.47 UK pound 1.456 0.687 1-month forward 1.462 0.684 The 1-month risk-free rate is 0.375% in the US. Part 1 If interest rate parity holds, what should be the risk-free rate in Europe? 5+ decimals . Part 2 If interest rate parity holds, what should be the risk-free rate in Japan? 4+ decimals Part 3 If interest rate parity holds, what should be the risk-free rate in the UK? 5+ decimals