please answwer both

A.

B.

Your U.S. company has $10,000,000 to be invested for the next 90 days. Using only the data given below, answer the following questions. (a and b). U.S. interest rate (annual): 2.50% Brazil interest rate (annual): 2.50% Spot rate: 90 day forward rate: 1 Brazilian real equals 0.185508 U.S. Dollar 1 Brazilian real equals 0.186990 U.S. Dollar Your forecast of the spot rate In 90 days: 1 Brazilian real equals 0.181000 U.S. dollar In which country would you invest the $10,000,000 if you had the ability to use the forward market? What total amount (in dollars) would you obtain at the end of 90 days? Show the necessary calculations. In which country would you invest the $10,000,000 if you are 100% certain that the forecast will come true? What total amount (in dollars) would you obtain at the end of 90 days? Show the necessary calculations