you are an arbitrageur, suppose the Canadian Dollar (CAD) spot rate is currently 1.28 (CAD/$). A currency broker quotes you a 1-year CAD forward at 0.80 ($/CAD). The 1-year U.S. risk-free rate is 2% and the Canadian risk-free rate is 1.5%, both compounded continuously. How much profit can you make (per unit of underlying asset) using the principles of arbitrage? Pick the closest answer.

Group of answer choices

$0.015

$0.019

$0.78

$0.80