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0 Jamie (based in the United States) invests in a one-year CD in Argentina. 0 Ann (based in the United States) invests in a one-year

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0 Jamie (based in the United States) invests in a one-year CD in Argentina. 0 Ann (based in the United States) invests in a one-year CD in Mexico. 0 Ken (based in the United States) invests in a one-year CD in Argentina and sells Argentine pesos one year forward to cover his position. 0 Juan (who lives in Argentina) invests in a one-year CD in the United States. 0 Maria (who lives in Mexico) invests in a one-year CD in the United States. 0 Nina (who lives in Mexico) invests in a one-year CD in Argentina. Carmen (who lives in Argentina) invests in a one-year CD in Mexico and sells Mexican pesos one year forward to cover her position. - Corio (who lives in Mexico) invests in a one-year CD in Argentina and sells Argentine pesos one year forward to cover his position. Based on this information and assuming the international Fisher effect holds, which person will be expected to earn the highest return on the funds invested? If you believe that multiple persons will tie for the highest expected return, name each of them. Explain

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