find the total proceeds principal+ interest income for investment for 90 days according to the rules of thumb (selling forward). find total opportunity cost of capital ( principal+ interest income), and find cia profit after accounting for opportunity cost of capital rounded to nearest us dollar

Dataset (5) Covered Interest Arbitrage Funds available for arbitrage $2,000,000 US interest rate 6% Canadian interest rate 3% Spot rate C$1.3423/$ 90-day Forward Rate C$1.3245/$ Arbitrage for 90 days