Intro You have $26,000 to invest. The spot rate for the euro is $1.11 per euro, while the 180-day forward rate is $1.12 per euro. The six-monthly interest rate in the euro area is 7% and in the U.S. it is 3%. Part 1 Attempt 1/10 for 10 pts. What is your risk-free rate of return (yield) from exploiting the higher interest rate in the euro area? 4+ decimals Submit