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ps. show work please. Assume you have $1,000,000 to invest Current spot rate of the pound = $1.30 90 day forward rate of pound =

ps. show work please.
Assume you have $1,000,000 to invest Current spot rate of the pound = $1.30 90 day forward rate of pound = $1.28 3 month deposit rate in US = 3% 3 month deposit rate in Great Britain = 4% If you use covered interest arbitrage for a 90-day investment, what will be the amount of U.S.dollars you will have after 90 days? Show your work

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