Use the following information for the next $5$ Questions:

Current spot rate of euro $=$ $$0\mathrm{.}79$

$1-$year forward rate of euro $=$ $$0\mathrm{.}82$

$1-$year deposit rate in U$.$S$.=14\%$

$1-$year deposit rate in Europe $=11\%$ You have $$2,000,000($US dollars$)$ to invest. If you use covered interest arbitrage for a $1-$year investment, what will be the amount of U$.$S$.$ dollars you will have after one year? Continued from the above question, does the cover interest arbitrage work for you as a U$.$S$.$ investor? Assume you$$re a European investor with $1,000,000.$ If you use covered interest arbitrage for a $1-$year investment, what will be the amount of euros you will have after one year? Continued from the above question, does the cover interest arbitrage work for you as a European investor?