Use the following information to calculate the yield (as a percent) for a U.S. investor, using covered interest arbitrage. Initial investment $1,000,000 Current spot rate of Mexican peso $0.054 Forecasted spot rate of Mexican peso 1 year from now $0.065 One-year forward rate of the Mexican peso $0.062 Annual interest rate on Mexican pesos 8% Annual interest rate on U.S. dollars 3%