If the current exchange rate is $$1\mathrm{.}95$ per $,$ the $1-$year forward exchange rate is $$2\mathrm{.}05$ per $,$ and the interest rate on British

government bills is $7\%$ per year, what risk$-$free dollar$-$denominated return can be locked in by investing in the British bills?

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places. Negative value should be indicated by a

minus sign.

Risk$-$free dollar$-$denominated return