Suppose you inherit $5 million from your uncle. The interest rate on Australian government bonds is 5% while Peruvian government bonds carry an interest rate of 14%. Also suppose that you expect the Peruvian currency (the new sol) to depreciate by 11% relative to the Aussie dollar. Assuming you do not care about uncertainty, which bond should you purchase?

A. Australian bond

B. You are indifferent between the two

C. Peruvian bond