Using the following table, calculate the 90-day return of the U.S. investor if he invests in Canada.

Spot rate of C$	$0.80
90-day forward rate of C$	$0.79
90-day Canadian interest rate	4%
90-day U.S. interest rate	2.5%

		a. 2.5%
		b. 2.7%
		c. 2.8%
		d. 3.6%
		e. 4%
		f. None of the above