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 4.803% return available in U.S. dollars by not covering his forward dollar receiptsan uncovered interest arbitrage (UIA) transaction. Assess this decision. $ 950,000 1.2808 Arbitrage funds available Spot exchange rate (SFr/$) 3-month forward rate (SFr/$) Expected spot rate in 90 days (SFr/$) U.S. Dollar annual interest rate 1.2744 1.2697 4.803 % Swiss franc annualinterest rate 3.198 % The uncovered interest arbitrage (UIA) profit amount is $ (Round to the nearest cent.) 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 4.803% return available in U.S. dollars by not covering his forward dollar receiptsan uncovered interest arbitrage (UIA) transaction. Assess this decision. $ 950,000 1.2808 Arbitrage funds available Spot exchange rate (SFr/$) 3-month forward rate (SFr/$) Expected spot rate in 90 days (SFr/$) U.S. Dollar annual interest rate 1.2744 1.2697 4.803 % Swiss franc annualinterest rate 3.198 % The uncovered interest arbitrage (UIA) profit amount is $ (Round to the nearest cent.)