Assume the following: you have $10,000 to invest; the current spot rate of British pounds is $1.800; the forward rate of the pound is $1.780; the annual interest rate in the US is 1%; the annual interest rate in the UK is 2%.

Where would you invest your $10,000 to maximize your yield with no foreign exchange risk and approximately how much more you make compare to the other option?

		in the United States, $13
		in the United Kingdom, 13
		in the United States, $63
		in the United Kingdom, 63

please give solutions