Identify the profit to be realized in one year from a profitable covered interest arbitrage trade. GBP 63,636; equivalent to TRY 1.61 million GBP 42,215, equivalent to TRY 1.068 million GBP 446215, equivalent to TRY 11.3 million arbitrage transactions identified above? The one-year forward TRY should appreciate versus the GBP. The spread between TRY and GBP interest rates should widen. The spread between TRY and GBP interest rates should narrow