Casper Landsten-UIA (B). Casper Landsten is a foreign exchange trader for a bank in New York. Using the values and assumptions below, he decides to seek the full 4.797% return available in U.S. dollars by not covering his forward dollar receipts-an uncovered interest arbitrage (UIA) transaction. Assess this decision. $900,000 Arbitrage funds available Spot exchange rate (SFr/S) 3-month forward rate (SFr/S) Expected spot rate in 90 days (SFrI$) U.S. Dollar annual interest rate Swiss franc annualinterest rate 1.2807 1.2742 1.2695 4.797 % 3.203 % The uncovered interest arbitrage (UIA) profit amount is (Round to the nearest cent.)