3. Assume the following information: You have $1,000,000 to invest Current spot rate of pound 90-day forward rate of pound 3-month deposit rate in U.S. 3-month deposit rate in Great Britain $1.30 $1.32 5% 6% 0 - If you use covered interest arbitrage for a 90-day investment, what will be the amount of U.S. dollars you will have after 90 days? A) $1,024,000. B) S1,030,000. C) $1,040,000. D) $1,034,000. E) none of the above