You are researching interest rates and their forecasts. Your research provides you with the following information: 1 year rate = 6% 2 year rate = 6.125% 3 year rate = 8.5% 1 year rate, 2 years from now = 6.5% Assuming you can borrow $1 million, can you use this interest rate information to earn some risk-free profit. If yes, compute the profit. Show detailed workings. Assume that the pure expectations theory applies.