Jennifer Hart worked at Goldman Sachs. She notices the following quotes: Spot exchange rate $1.312/ One-year forward exchange rate $1.275/ One-year Pound interest rate 3.25% per year One-year Dollar interest rate 2.75% per year Assuming that Jennifer Hart can work with 1,000,000 Pound or 1,312,000 Dollar, compute the arbitrage profit? O 24,817.65 O 57,317.65 O 59.180.47 O $31.6425 Question 5 0.4 pts Suppose that the one-year interest rate is 7.0 percent in the United States and 2.1 percent in Italy and the one-year forward exchange rate is $1.34/. What must the spot exchange rate be? O 51048/6 O $1 2786/ none of the options O $1.4043/