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Assume the following information You have $1.000.000 to investi Current spot rate of pound 90-day forward rate of pound 3-month deposit rate in US, 3-month

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Assume the following information You have $1.000.000 to investi Current spot rate of pound 90-day forward rate of pound 3-month deposit rate in US, 3-month deposit rate in UK SI 69 SMS If you use covered interest arbitrage for a 90-day investment what will be the amount of US dollars you will have after 90 days? $1,020,500 $1,045,600 51,094.230 51,073,330

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