Emma Wilson does not believe that the international Fisher effect (IFE) holds. Current one-year interest rates in Thailand are 12 percent, while one-year interest rates in the U.S. are 8 percent. Emma converts $100,000 to Thai baht and invests them in Thailand. One year later, she converts Thai baht back to dollars. The current spot rate of Thai baht is $0.0300. (Note that Thai baht is the official currency of Thailand.) Question 4 (3.33 points) If the spot rate of Thai baht in one year is $0.0285, what is Emma's percentage return from her strategy? 6.40% 13.68% 17.89% 2.60%