6) Suppose that the return on a U.K. treasury bill is eight percent annum and the return on a U.S. treasury bill is eight percent annum and that you had $1,000,000 earmarked for short term investment for a period of a month. In which of the securities would you place your money? (Assume you are not a speculator). Show your calcualtions 1 British pound (spot) 1 British pound (30-day futures) $1.7748 $1.7776 1,06, 60o C.08)