ns MC.07-033 + Qu Assume the following information: $.64 $.59 Current spot rate of Australian dollar Forecasted spot rate of Australian dollar 1 year from now 1-year forward rate of Australian dollar Annual interest rate for Australian dollar deposit Annual interest rate in the United States $.62 996 6% percent Given the information in this question, the return from covered interest arbitrage by U.S. investors with $500,000 to invest is a. about 9.00 b. about 8.14 C about 7.33 d. about 6.60 . e. about 5.59