One-year interest rates are 7% in the U.S. and 4% in Canada. Jack the carry trader borrows C$3,000,000 to execute a carry trade. At the start, the exchange rate is $.892/CAD. After one year, the exchange rate is $.874/CAD A. What is Jacks USD profit or loss over the year? B. When Jack starts this trade, he is hoping that the Canadian dollar doesnt ______________. C. When Jack starts this trade, he is hoping that the USD doesnt ______________. D. What is the BEEX in one year? (place in terms of USD/CAD to 3 decimal places)