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How much is your arbitrage profit in dollars at expiration, if you know that the current exchange rate is $ 1.39 / GBP, the 60-day

How much is your arbitrage profit in dollars at expiration, if you know that the current exchange rate is

$ 1.39 / GBP, the 60-day forward rate is $ 1.17 /GBP, the risk free rate in the U.S. is 2% and the risk free rate in the UK is 3%?

Make your calculation so that the spot transaction is for $ 100,000 and use simple compounding (not continuous).

Provide your arbitrage profit in $ rounded to two decimals.

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