A currency dealer can borrow $1,490,000 (or the equivalent in euros) for one year. The one-year interest rate is 3.50% in the U.S. and 5.80% in the euro zone. The spot exchange rate is $1.2794/1.00 and the one-year forward exchange rate is $1.2697/1.00. What arbitrage profit results if the trader borrow's the maximum available funds? $34,270.00 OR 26,990.63 $30,798.96 OR 24,256.88 $49,216.87 OR 38,762.60 $17,577.45 OR 13,843.78 $22,318.09 OR 17,577.45 $35,924.72 OR 28,293.86