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Question 19 2 pts A U.S, based MNC with $1 Mlion in excess cash wishes to invest in Australia owing to that country's relatively high

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Question 19 2 pts A U.S, based MNC with $1 Mlion in excess cash wishes to invest in Australia owing to that country's relatively high interest rates whic Time Ru Attempt d 4 Minut h at this time is 8% for a 2 year deposit. The exchange rate ofithe Australian dollar AUD scurrenty $0.68. At the end of the 2 year deposit period, the spot rate of the AUD is $0.71 What is the effectve vieid on the Autvalan tnestmen to theus corporation? 15.4% 18% 21.6% Next

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