British investors have 2,500,000 pounds to invest:

1-year deposit rate offered by U.S. banks=14%

1-year deposit rate offered by British banks=9%

1-year forward rate of pound=$1.80

Spot rate of pound=$1.50

Given this information, if a British investor conducts a covered interest arbitrage, how much poundswillhe have at the end of the investment?

A 2,375,000

B 2,270,833

C 2,695,000

D None of the answers provided is correct

E 2,850,000