Use the information below to answer the following questions.

Currency per U.S. $

U.K. Pound 0.5135

6-months forward () 0.5204

Japan Yen 108.21

6-months forward () 106.96

Switzerland Franc 1.0492

6-months forward (SF) 1.0478

Suppose interest rate parity holds, and the current six-month risk-free rate in the United States is 5.7 percent.

What must the six-month risk-free rate be in Great Britain?