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 4.799% return available in U.S. dollars by not covering his forward dollar receiptsan uncovered interest arbitrage (UIA) transaction. Assess this decision. $ 950,000 1.2809 Arbitrage funds available Spot exchange rate (SFr/S) 3-month forward rate (SFr/S) Expected spot rate in 90 days (SFr/$) U.S. Dollar annual interest rate 1.2738 1.2698 4.799 % Swiss franc annualinterest rate 3.199 % The uncovered interest arbitrage (UIA) profit amount is $. (Round to the nearest cent.)