On a particular day, the spot rate between Czech koruna (CKR) and the U.S. dollar is CKR30.35/$, while the interest rate on a one-year financial instrument in Czech is 7.5% and 3.5% in U.S. (8 credits) a. What is your expected spot exchange rate a year later? b. You ’ re concerned your investment in the Czech Republic because of the economic uncertainty in that country. W hen you expect the future value of the koruna, you require a risk premium of 2%. What is the expected future spot rate supposed to be?