The interest on a risk free US treasury is $2\mathrm{.}75\%,$ while the interest on a risk free Lebanese security is $8\%$ in Lebanese pounds. If the spot rate for the Lebanese against the dollar is e$-$lbp$1500/5$ while the forward exchange rate f$=$Ibp$1850/1.$

In case the investor do not want to cover his investment what should eb the expected spot rate at maturity in order for the investment to become a covered interest parity