A U.S. firm would like to speculate on interest rate where it plans to borrow a currency at a lower interest rate and invest in a currency that pays a higher interest rate. The company decides to borrow 400,000 euros that costs 1.7% for one month and invests in British Pounds that pays 3.5% interest for one month as well. Assume that the British pounds spot rate is presently $1.74, while the euro is presently worth $1.10. Assume also that the euro depreciates by 2.5% over the month against both the pounds and the US dollar while the British pounds spot rate remains the same. What do we call this strategy and what is the expected profit from it