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The forward rate of exchange is 2 Euros per dollar , the spot rate of exchange is 2 . 2 5 Euros per dollar. The

The forward rate of exchange is 2 Euros per dollar , the spot rate of exchange is 2.25 Euros per dollar. The US has a bond of 9% interest and France has a bond for 5% interest. What is the amount you can collect for the US bond on an investment of 10,000 Euros?
Group of answer choices
11,812.5 Euros and the French investment is better than the US investment
12,262.5 Euros and the French investment is better than the US investment
9,688.89 Euros and the French investment is worse than the US investment
9,333.33 Euros and the French investment is worse than the US investment

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