The recent market data on the US and UK are shown below:

4. The recent market data on the U.S. and UK are shown as: the spot rate of the UK pound the 90-day forward rate the 180-day forward rate your expected future spo $1.27/ $1.28/ $1.30/E interest rate (TB) in the U.S. interest rate (TB) in the UK.: 4% (per year) 2% (per year) If you have $1 million available for 3 months, where do you want to invest (assume no transaction costs)? Explain why. Please apply all three decision making rules, as discussed in class, and show that your answers are consistent