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%

2.5%

2.7%

2.8%

3.6%

4%

None of the above