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U.S. investors have $1,000,000 to invest. If U.S. investors use covered interest arbitrage for a 1-year investment, what will be the amount of U.S. dollars

image text in transcribed U.S. investors have $1,000,000 to invest. If U.S. investors use covered interest arbitrage for a 1-year investment, what will be the amount of U.S. dollars that U.S. investors will have after one year? $1,109,589.04$1,051,200.00$1,160,958.90$1,099,866.67

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