4 pts Question 12 Suppose that the current spot exchange rate is O.8210/$ and the three-month forward exchange rate is 0.7895/$. The three-month interest rate is 6 percent per annum in the United States and 8 percent per annum in France. Assume that you can borrow up to $1,000,000 or 821,000. There is no arhitrage.onnortunity Suppose that the current spot exchange rate is 0.8210/$ and the three-month forward exchange rate is 0.7895/$. The three-month interest rate is 6 percent per annum in the United States and 8 percent per annum in France. Assume that you can borrow up to $1,000,000 or 821,000. There is no arbitrage opportunity Arbitrage can generate a net profit around $45,697 a net profit around 36,077 Arbitrage can g Both B) and C) Question 13 4 pts