The current U.S. one-month interest rate is 5 percent compared to 7 percent in Europe. Today’s spot rate between the euro and dollar is $1.18/€, and today’s one-month forward rate is $1.25/€. The United States is the home country. You have $1,000 to invest. What steps should you take today and one month from today to be able to invest overseas and convert funds back to dollars? Compare the rate of return you would get investing in the United States to your covered investment in Europe.