Question: Question 10 15 points Assume the following information: Current spot rate of New Zealand dollar Forecasted spot rate of New Zealand dollar 1 year from now One-year forward rate of the New Zealand dollar Annual interest rate on New Zealand dollars Annual interest rate on U.S. dollars Given the information in this question, the dollar return (i.e profit) from covered interest arbitrage by U.S. investors with $500,000 to invest (no borrowing $.41 $.43 $.42 8% 9% necessary) is $