Interest rate parity The following table shows interest rates and exchange rates for the U.S. dollar and the Lilliputian nano. The spot exchange rate is 15 nanos = $1. Complete the missing entries: 1...

Interest rate parity The following table shows interest rates and exchange rates for the U.S. dollar and the Lilliputian nano. The spot exchange rate is 15 nanos = $1. Complete the missing entries: 1 Month 3 Months 1 Year Dollar interest rate (annually compounded) 4.0 4.5 ? Nano interest rate (annually compounded) 8.2 ? 9.8 Forward nanos per dollar ? ? 15.6 Forward discount on nano (% per year) ? 4.8 ?