Rick, a trader in Los Angeles, has $1 million to trade with and the following information: The current spot exchange rate is 108.00 Yen per USD, the 1 year fonNard rate is Yen102f$; the US$ rate is 3.00% per annum, and the Yen interest rate is 1.00% per annum. Suppose Rick is weighting the following two trading strategies: Strategy 1: Simply keep the funds in a U.S. bank for 1 year to earn interests in US$, Strategy 2: Convert US$ to Yen on the spot market then immediately save the Yen to start earning the interest in Yen. Meanwhile. buy the appropriate amount of 1-year fonrvard contract so that he can convert all the principal and interest in Yen back to US$ 1 year later. How much Rich will have one year later by following strategy 2? :) A.1.060,000 :) 31,069,412 3 c.1.065,317 3 0.1335000 leset Selection