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Listen A currency dealer can borrow $1,450,000 (or the equivalent in euros) for one year The one-year interest rate is 4.30% in the U.S. and

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Listen A currency dealer can borrow $1,450,000 (or the equivalent in euros) for one year The one-year interest rate is 4.30% in the U.S. and 8.40% in the euro zone. The spot exchange rate is $1.2936/1.00 and the one-year forward exchange rate is $1.25771.00. What arbitrage profit results if the trader borrows the maximum available funds? O$15,829.39 OR 12,585.98 O $78,401.94 OR 62,337.55 $59,450.00 OR 47,268.82 O $20,261.62 OR 16,110.06 $107,410.66 OR 85,402.45 $12505.99 OR 10.00711

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