Assume the following information:

U$.$S$.$ investors have $$1,000,000$ to invest:

$1-$year deposit rate offered on U$.$S$.$ dollars $=12\%$

$1-$year deposit rate offered on Singapore dollars $=10\%$

$1-$year forward rate of Singapore dollars $=$ $$\mathrm{.}412$

Spot rate of Singapore dollar $=$ $$\mathrm{.}400$

Interest rate parity doesn't exist. If U$.$S$.$ investors engage in covered interest arbitrage, what yield will they earn? Do not write any symbol. Express your answers as a percentage. Make sure to round your answers to the nearest $100$th percentage point. For example, write $12\mathrm{.}89$ for $12\mathrm{.}89\%.$