Intro You have $14,000 to invest and observe the following interest rates and exchange rates Annual interest rates Dollar Ruble Exchange rates Ruble spot Ruble 1-year forward Deposit rate 4.9% 7.6% Bid $0.011 $0.013 Loan rate 5.6% 8.5% Ask $0.012 $0.014 Part 1 Attempt 1/6 for 10 pts. What is your risk-free rate of return (yield) from exploiting the higher interest rate in Russia? 3+ decimals Submit