Current one-year rates are 4% in Eurozone and 3% in USA. The current spot rate...

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Current one-year rates are 4% in Eurozone and 3% in USA. The current spot rate is 1.12 $/.What is the expected (in one year) future FX rate according to Interest Rate Parity? Use exact equation.What is the synthetic one-year forward rate?What is the market one-year forward rate? Say why

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