Assume the following information:

Current spot rate of Swiss Franc (AUD/CHF) = 0.69

1-year forward rate (as of today) for Swiss Franc (AUD/CHF) = 0.71

Expected spot rate one year from now (AUD/CHF) = 0.66

Rate on 1-year deposits denominated in Swiss Francs = 8%

Rate on 1-year deposits denominated in Australian Dollars = 10%

From the perspective of an Australian investor with $1008440, taking advantage of covered interest arbitrage would yield a rate of return of __________%.