4. The table below provides (unrealistic) spot and forward exchange rates for the U.S. dollar and British pound, U.S. dollar and European euro, and British pound and European euro (spot rate only). One form of the carry trade involves buying some currency while simultaneously selling another currency forward. Using the hypothetical data in the table, construct and explain a numeric example where someone holding dollars buys one currency forward, sells another forward, and profits by more than 80% if spot exchange rates do not change. Currency Pair Spot Exchange Rate Forward Exchange Rate GBP/USD 1.20 1.00 EUR/USD 1.00 1.50 EUR/GBP 0.80 4. The table below provides (unrealistic) spot and forward exchange rates for the U.S. dollar and British pound, U.S. dollar and European euro, and British pound and European euro (spot rate only). One form of the carry trade involves buying some currency while simultaneously selling another currency forward. Using the hypothetical data in the table, construct and explain a numeric example where someone holding dollars buys one currency forward, sells another forward, and profits by more than 80% if spot exchange rates do not change. Currency Pair Spot Exchange Rate Forward Exchange Rate GBP/USD 1.20 1.00 EUR/USD 1.00 1.50 EUR/GBP 0.80