Suppose that your company believes the Swiss franc will appreciate versus the U.S. dollar in the coming three-month period. Your company has $500,000 to invest. The current spot rate is $0.9820/SF, the three-month forward rate is $0.9640/SF, and you expect the spot rates to reach $1.0250/SF in three months. What will be your companys profit / loss if you buy Swiss franc and keep for 3 months?

A USD 12,500

B CHF12,500

C Unknown today