The Interest Rate on a 1-Year Canadian Security Is 8

The interest rate on a 1-year Canadian security is 8%.The current exchange rate is C$ = US $0.78.The 1-year forward rate is C$ = US $0.76.The return (denominated in U.S.$) that a U.S.investor can earn by investing in the Canadian security is

A) 3.59%.
B) 4.00%.
C) 5.23%.
D) 8.46%.