1) A UK investor is deciding between a Japanese 10y bond, a Canadian 10y bond and a UK 10y bond. The Japanese bond yields 2.3%, the Canadian bond has a yield of 5.4%, and the UK bond has a yield of 4.7%. The 10y government yields are 1%, 4.3%, and 3.5% in Japan, Canada, and the UK, respectively. If the UK investor plans to currency-hedge her bond purchase (if it's a foreign bond), which of the three bonds should she purchase?