Which of the Statements Below Is TRUE?
A)Spot Rates Are $\left( \frac { 1 + i n f _ { f } } { 1 + i n f _ { h } } \right) ^ { t }$

Which of the statements below is TRUE?

A) Spot rates are based upon the interest rates for two countries.
B) Forward Indirect Rate_t = Current Indirect Rate × $\left( \frac { 1 + i n f _ { f } } { 1 + i n f _ { h } } \right) ^ { t }$ .
C) There is no way to lock in future currency exchange rates.
D) What the International Fisher Effect really tells us is that inflation rates the world round are the same and that one cannot exploit different inflation rates across different countries.