If the interest rate is lower in the U.S. than in the United Kingdom, and if the forward rate of the British pound is the same as its spot rate: Here is a link to a blank spreadsheet that you might want to use for the test: blank excel worksheet.xlsx O a.U.S. investors could possibly benefit from covered interest arbitrage. O b. British investors could possibly benefit from covered interest arbitrage. O c. neither U.S. nor British investors could benefit from covered interest arbitrage. O d. A and B