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Pound interest rate: 4% Euro interest rate: 6% Current spot rate: $1.20=1 and 1.30=1 You use the current exchange rates as forecasts for those in

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Pound interest rate: 4% Euro interest rate: 6% Current spot rate: $1.20=1 and 1.30=1 You use the current exchange rates as forecasts for those in one year. What profit would you expect as a percentage of your own fund? Select one: 3. 8.34% b. 8.76% c. 9.12% d. 10% e. 9.58%

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