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Assume the following information: U.S. investors have 167789 to invest: 1-year deposit rate offered on U.S. dollars = {dollarl} II 1-year deposit rate offered on

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Assume the following information: U.S. investors have 167789 to invest: 1-year deposit rate offered on U.S. dollars = {dollarl} II 1-year deposit rate offered on Singapore dollars 0.9 1-year forward rate of Singapore dollars HI 0.6 Spot rate of Singapore dollar 11 0.9 Given this information: What is the covered interest rate parties

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