Suppose That the Three-Months Interest Rate in New York Is

Suppose that the three-months interest rate in New York is 4 percent and the three-Months interest rate in London is 3 percent, and that the spot rate is $2.00/£1 and the Three-months forward rate is $2.10/£1. In this situation, there is an incentive for short-Term interest arbitrage funds to flow

A) from New York to London.
B) from London to New York.
C) neither from New York to London nor from London to New York.
D) from New York to London, from London to New York, or in neither direction -Cannot be determined without more information.