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Annual interest rates in Brazil is 14.0% and in the USA is 4.0% The spot rate is $0.2440 / Real. A bank is offering a

Annual interest rates in Brazil is 14.0% and in the USA is 4.0% The spot rate is $0.2440 / Real. A bank is offering a 180-day forward rate quote of $0.23160 / Real. Interest rate parity shows the correct forward rate is $0.23260 / Real. Calculate the potential covered interest arbitrage profit if you initially borrow 50,000,000 units of currency. Answer to nearest whole currency unit

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