You have $1,800,000 to invest, and have access to the following information: Current spot rate of pound $1.30 90-day forward rate of pound $1.28 3-month deposit rate in United States 3-month deposit rate in Great Britain 4% 3% Considering what has been discussed in class, and using the most precise version of IRP, demonstrate whether covered interest arbitrage is possible for a 90-day investment. If so, what will be the amount of U.S. dollars you will have after 90 days? Explain all steps in detail while showing computations. A- F T: B I U S X - c