This is the same fact pattern as the previous question: Casper Landsten is a foreign exchange trader who has access to $1 million (or its Swiss Franc equivalent). Assume the spot exchange rate is 1.29SFr/$ and the 3 -month forward rate is 1.285SFr/$. Also assume that the US dollar 3month interest rate (annualized) is 4.5% and that the Swiss franc 3 -month interest rate (annualized) is 3.2%. How much profit will Landsten make? $11,922.18 $672.18 $7,156.98 $8,984,44 $0.00 $702.94