You noticed the current spot exchange rate is $1.50/£ and the one-year forward exchange rate is $1.60/£. The one-year interest rate is 5.4% in dollars and 5.2% in pounds. Assuming you can borrow at most $1,000,000 or the equivalent pound amount (i.e., £666,667, at the current spot exchange rate), can you make a guaranteed profit? If so, how would you carry out the transaction? If not, why not?