The spot rate between Canada and the U$.$S$.$ is Can$$1\mathrm{.}2443/$$$,$ while the one$-$year forward rate is Can$$1\mathrm{.}2442/$$$.$ 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?