thank you

1. Assume you are a US investor with $1,000,000. Spot rate of Australian dollar US$ 1.3040/Aus$ US$ 1.4536/Aus$ 180-day forward rate of Australian dollar Australia interest rate 4% US interest rate 6% a) What will you get if you invest in the US? What would be the annual yield to the investor? b) What will you get if you invest in Australia? What would be the annual yield to the investor