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An investor who lives in Bristol (UK), trade in the foreign currency. The current exchange rate is 0.95 pounds per dollar. The dollar is expected

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An investor who lives in Bristol (UK), trade in the foreign currency. The current exchange rate is 0.95 pounds per dollar. The dollar is expected to appreciate by 8.60% in a year. If the interest rate in the UK is 8.70%, what is the interest rate in the US? The interest rate in the US 3.26%. The interest rate in the US 18.05%. The interest rate in the US 7.37%. The interest rate in the US 10.66%

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