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The treasurer of a major U.S. firm has $22 million to invest for three months. The interest rate in the United States is .39 percent

The treasurer of a major U.S. firm has $22 million to invest for three months. The interest rate in the United States is .39 percent per month. The interest rate in Great Britain is .43 percent per month. The spot exchange rate is .76, and the three-month forward rate is .75. Ignore transaction costs. If the treasurer invested the company's funds in the U.S., how much would the investment be worth after three months? Note: Do not round

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