20. The two-month interest rates with continuous compounding in Australia and the United States are 4.2% and 3.5% per annum, respectively. The spot exchange rate is currently priced at USD 0.780 per AUD. Given the two-month forward contract on the Australian dollars in the market is currently priced at USD 0.782 per AUD, which transactions should an investor take today in order to take advantages of this arbitrage opportunity? A. The forward is overpriced; the investor should sell the forward contract, borrow AUD and lend USD B. The forward is overpriced; the investor should sell the forward contract, borrow USD and lend A UD C. The forward is underpriced; the investor should buy the forward contract, borrow USD and lend AUD D. The forward is underpriced; the investor should buy the forward contract, borrow AUD, and lend USD