The treasurer of Organic International Corporation is always on the lookout for short-term, high-yielding investments. Six-month low-risk domestic investments currently yield 3 percent per annum. Two international investments of comparable risk are also being considered. 

1. A six-month certificate of deposit issued by the Bank of England has a coupon rate of 3.5 percent per annum. The current exchange rate is \($1.60\) and is expected to be \($1.595\) at the end of six months (\($/). \)

2. A six-month certificate of deposit issued by the Bundesbank in Germany carries a coupon rate of 2.5 percent per annum. The current exchange rate is \($1.25\) and is expected to be \($1.254\) at the end of 6 months (\($/).\) Required Assuming that Organic has \($1,000,000\) to invest, and wants to maximize the number of dollars at the end of six months, analyze the three alternative investments and make a recommendation. Support your analysis with calculations.