You have the following information: 120 day interest rate in CAD = 7.25% 120 day interest rate in USD = 8.45% 120-day interest rate in EUR = 4.35% The spot exchange rate is USD 1.50 per euro The spot exchange rate is EUR 0.5882 per CAD The 120-day future rate is USD 1.44 per euro The 120-day future rate is EUR 0.5996 per CAD The size of the future contract is 1,000,000 from any currency Construct two different investment arbitrage strategies and what will be the return on investment in every investment arbitrage strategy