In arkansas, presidents day officially honors george washington as well as another american. Who?.

Correct option is A. $1,024,000

Explanation:

given data

Total Amount of Investment = $ 1,000,000

Current spot rate of pound 1 Pound = $1.30

Forward Rate  3 Months = $ 1.28

Deposit rate in US  3 Months  = 3 %

Deposit rate in Great Britain 3 Months  = 4%  

solution

first we will convert $1,000,000 into Pounds by Spot rate

it will be  = $1000,000 ÷ 1.30

Amount of Investment = 769230.76923 Pounds

and

now this amount 769230.76923 Pounds invest for 3 month in great Britain at interest rate of 4% so we get interest is

interest = 769230.76923 × 4%  

interest = 30769.23076 Pounds

so total realizable value will be

total realizable value = 769230.76923 + 30769.23076

total realizable value = 800,000 Pounds

and that will be in dollar

total realizable value = 800,000 Pounds × $1.28

total realizable value =  $1,024,000

so correct option is A. $1,024,000