Homework: Chapter Homework Assignment Spring 2022 Question 6, Problem 6-13 (algorithmic) points Points: 0 of 3 Save Casper Landsten-UIA (B). Casper Landsten is a foreign exchange trader for a bank in New York, Using the values and assumptions below, he decides to seek the full 4.802% return available in U.S. dollars by not covering his forward dollar receipts-an uncovered interest arbitrage (UIA) transaction. Assess this decision Arbitrage funds available $ 1,050,000 Spot exchange rate (SF1/5) 1.2814 3-month forward rate (SF1/5) 1.2743 Expected spot rate in 90 days (SF4/8) 1.2705 U.S. Dollar annual interest rate 4.802% Swiss franc annualinterest rate 3.203 % The uncovered interest arbitrage (UIA) prodle amount is $ (Round to the nearest cent.)