The one$-$year forward rate for the Swiss franc is SF$1\mathrm{.}1521/$$$.$ The spot rate is SF$1\mathrm{.}1641/$$$.$ The interest rate on a risk$-$free asset in Switzerland is $2\mathrm{.}75$ percent. If interest rate parity exists, what is the one$-$year risk$-$free rate in the U$.$S$.?$

Multiple Choice

The spot rate between Canada and the U$.$S$.$ is Can $$\frac{1\mathrm{.}2443}{\text{\$}},$ while the one$-$year forward rate is Can $$\frac{1\mathrm{.}2442}{\text{\$}}.$ The risk$-$free rate in Canada is $4\mathrm{.}61$ percent and risk$-$free rate in the United States is $2\mathrm{.}75$ percent. How much in profit can you earn on $$11,500$ utilizing covered interest arbitrage?

Multiple Choice

$$188\mathrm{.}01$

$$239\mathrm{.}55$

$$214\mathrm{.}87$

$$212\mathrm{.}93$