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Given the annual required real rate of return for all country is 1.25%, and Fisher Effect holds among countries. Using the information in the table

  1. Given the annual required real rate of return for all country is 1.25%, and Fisher Effect holds among countries. Using the information in the table to answer the question.

Investment Rate p.a.

Spot per U$1

Spain

EU

2.25%

0.7591

Philippines

PHP

4.50%

43.5241

India

INR

5.85%

62.6540

USA

US

1.75%

Mr. Glen has USD150, 000 cash available for 180 days and is looking for a profitable investment opportunity, explain how Mr. Glen can profit from investing his funds.

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