QUESTION 1 Assume the following information: You have $1,000,000 to invest: Current spot rate of pound 90-day forward rate of pound 3-month deposit rate in U.S. 3-month deposit rate in U.K. $1.35 $1.40 3% 4% If you use covered interest arbitrage for a 90-day investment, what will be the amount of US dollars you will have after 90 days $1,020,500 $1,045,682 $1,078,519 $1.094,230 $1,116,257 QUESTION Chick Save and Submit to save and submit. Click Save All Answers to save all answers