5. The curent spot exchange rate is S1.95/ and the three-month forward rate is S1.90/. Based on your analysis of the exchange rate, you are pretty confident that the spot exchange rate will be S1.92/ in three months. Assume that you would like to buy or sell 1,000,000. What actions do vou need to take to speculate in the forward market? What is the expected dollar profit from speculation? a. b. What would be your speculative profit in dollar terms if the spot exchange rate actually turms out to be S1.86/5