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Question 19 3 pts Which of the following is true if we make as assumption that the UK's interest rates are higher than U.S. interest

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Question 19 3 pts Which of the following is true if we make as assumption that the UK's interest rates are higher than U.S. interest rates, and that interest rate parity exists. Americans using covered interest arbitrage earn the same rate of return as Brits who attempt covered interest arbitrage. Americans using covered interest arbitrage earn the same rate of return as Brits who attempt covered interest arbitrage AND Americans who invest in the United States earn the same rate of return as Brits who attempt covered interest arbitrage. Americans who invest in the United States earn the same rate of return as Brits who invest in UK Americans who invest in the United States earn the same rate of retum as Brits who attempt covered interest arbitrage None of these are correct

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