Assume the following information (rates are actual 90-day interest rates, not annualized): Spot rate of Canadian dollar $0.900 90-day forward rate of Canadian dollar $0.890 90-day Canadian interest rate 3.50% 90-day U.S. interest rate 2.50% Given this information, the yield (percentage return) to a U.S. investor who used covered interest arbitrage would be ____% (assume the investor invests $1 million). The yield (percentage return) to a Canadian investor who used covered interest arbitrage would be ____%.

Group of answer choices

1) -0.15; 0.05

2) -0.15; -0.15

3) -0.15; -0.05

4) 0.05; -0.05

5) -0.05; 0.05

6) 0.05; -0.15

7) 0.05; 0.05

8) 0.15; 0.05

9) -0.15; 0.15