Assume the Spot Rate for the British Pound Is Currently

Assume the spot rate for the British pound is currently £.1.5604 while the 1-year forward rate is £1.5587.A risk-free asset in the United States is currently earning 2.6 percent.If interest rate parity holds,approximately what rate can you earn on a 1-year risk-free British security?

A) 2) 28%
B) 2) 23%
C) 2) 46%
D) 2) 49%
E) 2) 37%