5. Interest rates are 1% in the U.S. and 3% in Canada. "Jack the carry trader" borrows $10,000,000 to execute a carry trade. At the start, the exchange rate is C$1.15/$. After one year, the exchange rate is $1.18/$. A. What is Jacque's C$ profit or loss over the year? B. When Jacque starts this trade, she is hoping that the Canadian dollar doesn't C. When Jacque starts this trade, she is hoping that the USD doesn't D. What is the BEEX in one year? (put in terms of CAD/USD)