Assume the bid rate of a Swiss franc is $.57 while the ask rate is $.579 at Topaz Bank. Assume the bid rate of the Swiss franc is $.560 while the ask rate is $0.568 at Early Bank. Given this information, what would be your gain if you use $1,050,000 and execute locational arbitrage? That is, how much will you end up with over and above the $1,050,000 you started with?