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help me out Question 19 2 pts A U.S. based MNC with $1 Million in excess cash wishes to invest in Australia owing to that

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Question 19 2 pts A U.S. based MNC with $1 Million in excess cash wishes to invest in Australia owing to that country's relatively high interest rates which at this time is 8% for a 2 year deposit. The exchange rate of the Australian dollar (AUD) is currently $0.68. At the end of the 2 year deposit period, the spot rate of the AUD is $0.71. What is the effective yield on the Australian investment to the U.S corporation? Time Ru Attempt d 4 Minut 0 4.1% o 15.4% 18% 21.8% ext

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