Question 17 4 pts Following information is provided to you. If you conduct covered interest arbitrage, what is your percentage return after 180 days? Is covered interest arbitrage feasible in this situation? Show all calculations and justify your answers You have $300,000 to invest: The spot bid quote for the euro () is $1.08 The spot ask quote for the euro is $1.10 The 180-day forward rate (bid) of the euro is $1.08 The 180-day forward rate (ask) of the euro is $1.10 The 180-day interest rate in the United States is 6% The 180 day interest rate in Europe is 8%