Great Britain borrowing rate for 1 year = 3% Great Britain deposit rate for 1 year = 1% Canadian borrowing rate for 1 year = 8% Canadian deposit rate for 1 year = 4% Spot quote = 1.7321 - 22 GBPAUD 1-year forward quote = 1.7900 - 01 GBPAUD 2. Use the information to determine if covered interest arbitrage is possible. Please mark the 4 resulting calculations and answers and whether it's possible. Use 1,000 of each to start