Assume the following information about the exchange rate between Cdn. $ and pound sterling pound and quoted annual interest rates on deposits: The current spot exchange rate: Cdn $ 1.7 per pound The 3-month forward exchange rate: Cdn $1.8 per pound Cdn $-denominated deposit rate = 1.0% per annum pound-denominated deposit rate = 1.4% per annum Find net profit (loss) from a spot 3- month forward swap, assuming the swap size of Cdn $170 million or pound 100 million