5. Assume the following information about the exchange rate between Cdn. $ and pound sterling and quoted annual interest rates on deposits: The current spot exchange rate: Cdn $1.7 per The 3-month forward exchange rate: Cdn $1.8 per Cdn S-denominated deposit rate = 1.0% per annum -denominated deposit rate = 1.4% per annum Find net profit (loss) from a spot 3-month forward swap, assuming the swap size of Con $170 million or 100 million