= mic) Kamada: UIA Japan (B). Takeshi Kamada, Credit Suisse (Tokyo), observes that the yen-dollar spot rate has been holding steady, and that both dollar and yen interest rates have remained relatively fixed over the past week. Takeshi wonders if he should try an uncovered interest arbitrage (UIA) and thereby save the cost of forward cover. Many of Takeshi's research associates-and their computer models-are predicting the spot rate to remain close to 118.00 $1.00 for the coming 180 days. Using the same data here, B, analyze the UIA potential. The UIA profit potential is yielding currency, the %, which tells Takeshi Kamada that he should borrow and invest in the to potentially gain on an uncovered basis (UIA). (Round to three decimal: places and select from the drop-down menus.) Data table and (Click on the following icon in order to copy its contents into a spreadsheet.) (Round Arbitrage funds available $5,000,000 Spot rate ( $1.00) 118.54 180-day forward rate (= $1.00) 117.81 Expected spot rate in 180 days (= $1.00) 118.00 180-day U.S. dollar interest rate 4.797% 180-day Japanese yen interest rate 3.399% Print Done