I have the following data: S($1.60/1Euro), F360($1.58/Euro), $ Interest is 2% and Euro Interest Rate is 4%.

I have the following data: S($1.60/1Euro), F360($1.58/Euro), $ Interest is 2% and Euro Interest Rate is 4%. I am trying to find the 1 year fwd exchange rate in $ per Euro that satifies IRP from the perspective of a customer that borrowed $1m traded for Euro at the spot and invested at Interest of euro for 4%. I have the answer but can you pls show me the work. Thank you

Question: I have the following data: S($1.60/1Euro), F360($1.58/Euro), $ Interest is 2% and Euro Interest Rate is 4%. I am trying to find the 1 year fwdexchange rate in $ per Euro that satifies...