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Question 2 Opera 1 pts Let's suppose you have $1 million to invest. You are considering to invest in UK first, then convert the British

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Question 2 Opera 1 pts Let's suppose you have $1 million to invest. You are considering to invest in UK first, then convert the British Pound back to US$ in the future. You know following information: Annual Interest rate on investment in US: 2% ns Annual Interest rate on investment in UK: 4% ver Investment period: 1 year Current exchange rate: 1.48 S/BP Forward exchange rate which you can apply when converting BP to USS: 1.47 $/BP Online What would be profit if you apply the covered interest arbitrage? board About $40.542 None of the above About $24.254 About $48,382

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