You, as a U.S. investor, find the current annual interest rate in the U.S. is 3% and the annual interest rate in Canada is 5%. The spot exchange rate for Canadian dollar is $0.95 per Canadian dollar, the 90-day Canadian dollar forward exchange rate is $0.928 per Canadian dollar. Based on covered interest rate parity theory, what is the correct 90-day forward rate of the Canadian dollar? Is there any arbitrage opportunity to trade the forward contract on Canadian dollars