Use the information below to answer the following questions. Currency per U. S. $ Australia dollar 1.2383 6-months forward 1.2350 Japan yen 100.3900 6-months forward 99.9900 U. K. pound .6791 6-months forward .6782 Suppose interest rate parity holds, and the current six-month risk-free rate in the United States is 3 percent. Use the approximate interest rate parity equation to answer the following questions. Requirement 1: What must the six-month risk-free rate be in Australia

support your answer using the data presented. (5 points). 4. based on the information you used to schedule and curve, which product would you recommend the shoe hut focus on, and why? provide details that support your answer. (5 points).

answer; i believe that the correct answer is (d); the business benefits because owners can share responsibilities;

answer; (cash) is the best out of the above; good luck

its kinda hard to answer this when we dont have all the information that we need.