The following rates are available: Spot rate on C$ $=$ $$0\mathrm{.}8250,6-$month forward rate on C$ $=$ $$0\mathrm{.}8300,$ the US and Canadian interest rates are $3\%$ and $4\%$ respectively. If you borrow $$1000$ and deposit it in C$ market for $6$ months with forward cover, you profit after paying back the dollar loan is $$10\mathrm{.}00.$

a$.$ True b$.$ False