Question $10($Mandatory$)(5$ points$)$

Suppose a Canadian bond portfolio manager wishes to erhance his yield on Cinadion shont tem blise Current ene year Consefin T$-$BCIs yield $13$ K $.$ The current spot rate is CS $\frac{1\mathrm{.}40}{S}.$ The onevear formard rate is CS $\frac{1\mathrm{.}50}{5}.$ The US one$-$vear T$-$Bil rate is $6$ K $.$ What is the Canudian T$-$Bil nte impled by interest rate parity? $(5$ pts$)$

$12\mathrm{.}45\%$

$10\mathrm{.}60\%$

$8\%$

$1357\%$