On May 31, Latasha, an American investor, decided to buy three-month Treasury bills. She found that the per-annum interest rate on three-month Treasury bills is 7.00% in New York and 9.00% in Tokyo, Japan. Based on this information and assuming that tax costs and other transaction costs , because it allows her to are negligible in the two countries, it is in Latasha's best interest to purchase three-month Treasury bills in more for the three months. earn On May 31, the spot rate for the yen was $0.100, and the selling price of the three-month forward yen was $0.099. At that time, Latasha chose to ignore this difference in exchange rates. In three months, however, the spot rate for the yen rose to $0.102 per yen. When Latasha converted the investment proceeds back into U.S. dollars, her actual return on investment was As a result of this transaction, Latasha realizes that there is great uncertainty about how many dollars she will receive when the Treasury bills mature. So, she decides to adjust her investment strategy to eliminate this uncertainty. What should Latasha's strategy be the next time she considers investing in Treasury bills? Sell enough foreign currency on the forward market to match the anticipated proceeds from the investment. OAvoid investment in foreign institutions. O Exchange large amounts of foreign currency for domestic currency. Had Latasha used the covered interest arbitrage strategy on May 31, her net return on investment (relative to purchasing the U.S. Treasury bills) in . (Note: Assume that the cost of obtaining the cover is zero.) Japanese three-month Treasury bills would be