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Assume the following information: U.S. investors have 128207 to invest: 1-year deposit rate offered on U.S. dollars = {dollar1} 1-year deposit rate offered on Singapore

Assume the following information:

U.S. investors have 128207 to invest:

1-year deposit rate offered on U.S. dollars	=	{dollar1}
1-year deposit rate offered on Singapore dollars	=	0.9
1-year forward rate of Singapore dollars	=	0.6
Spot rate of Singapore dollar	=	0.7

Given this information: What is the covered interest rate parties?

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