You decide to try the carry trade. The one$-$year interest rate in the UK is $7\%$ and $11\%$ in Japan. The spot rate is $\frac{1\mathrm{.}20}{}.$ You borrow $4$ million for one year. If the spot rate in one year is $\frac{1\mathrm{.}1676}{},$ what are your profits $/$ losses?

A$.40,120\mathrm{.}00$

B$.283,206\mathrm{.}58$

C$.-275,560\mathrm{.}00$

D$.-41,233\mathrm{.}30$

E$.$ None of the above