If interest rate parity exists and the U.S. interest rate is 2% and the British interest rate is 3%, then: Select one: a. British investors who invest in the United Kingdom will achieve the same return as U.S. investors who invest in the U.S. b. U.S. investors will earn a higher rate of return when using covered interest arbitrage than what they would earn in the U.S. c. U.S. investors will earn 2% whether they use covered interest arbitrage or invest in the U.S. d. U.S. investors will earn 3% whether they use covered interest arbitrage or invest in the U.S. If interest rate parity exists and the U.S. interest rate is 2% and the British interest rate is 3%, then: Select one: a. British investors who invest in the United Kingdom will achieve the same return as U.S. investors who invest in the U.S. b. U.S. investors will earn a higher rate of return when using covered interest arbitrage than what they would earn in the U.S. c. U.S. investors will earn 2% whether they use covered interest arbitrage or invest in the U.S. d. U.S. investors will earn 3% whether they use covered interest arbitrage or invest in the U.S