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Suppose the 6-month risk-free rate of return in the United States is 1. The current exchange rate is 1 pound ( = ) USS1.8. The

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Suppose the 6-month risk-free rate of return in the United States is \1. The current exchange rate is 1 pound \\( = \\) USS1.8. The 6. month forward rate is 1 pound = US\\$1.7. The minimum yield on a 6-month risk-free security in Britain that would induce a U.S. investor to invest in the British security is A. \9.16 B. \3.71 C. \6.94 D. \11.31

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