Peder Mueller-UIA (B). Peder Mueller is a foreign exchange trader for a bank in New York. Using the values and assumptions here,, he decides to seek the full 4.796% return available in U.S. dollars by not covering his forward dollar receipts an uncovered interest arbitrage (UIA) transaction. Assess this decision. The uncovered interest arbitrage (UIA) profit amount is $ Data table (Round to the nearest cent.) (Click on the following icon in order to copy its contents into a spreadsheet.) Arbitrage funds available USD950,000 Spot exchange rate (CHF = USD1.00) 1.2813 3-month forward rate (CHF = USD 1.00) 1.2745 Expected spot rate in 3 months (CHF = USD1.00) 1.2697 U.S. dollar 3-month interest rate 4.796% Swiss franc 3-month interest rate 3.196% X