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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

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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 4.804% return available in U.S. dollars by not covering his forward dollar receipts-an uncovered interest arbitrage (UIA) transaction. Assess this decision. The uncovered interest arbitrage (UIA) profit amount is $. (Round to the nearest cent.)

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