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Question 25 (1 point) Assume the following information: Current spot rate of Australian dollar = $0.72 Forecasted spot rate of Australian dollar 1 year from

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Question 25 (1 point) Assume the following information: Current spot rate of Australian dollar = $0.72 Forecasted spot rate of Australian dollar 1 year from now = $.83 One-year forward rate of the Australian dollar = $0.81 Annual interest rate on Australian dollars = .07 Annual interest rate on U.S. dollars = .09 Given the information in this question, the return from covered interest arbitrage by U.S. investors with $370,000 to invest is about Your

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