22. Assume the spot rate for the British pound currently is $1.5701/. Also assume the one-year forward rate is $1.5574/. A risk-free asset in the U.S. is currently earning 3.2 percent interest rate. If interest rate parity holds, what rate can you earn on a one-year risk-free British security? A) 2.37 percent B) 4.57 percent C) 3.67 percent D) 4.04 percent E) 4.92 percent 23. One goal of the Tax Cuts and Jobs Act of 2017 is to encourage corporations to: A) Claim all overseas profits as U.S. profits to avoid paying taxes to foreign governments. B) Bring their overseas cash back to the U.S. at a one-time tax rate of 35% percent. C) Distribute all of their overseas profits as dividends to avoid all U.S. taxes. D) Bring all of their foreign assets back to the U.S. by paying a one-time tax rate of 15.5 percent on those assets. E) Repatriate their untaxed overseas profits