Suppose intrerest rate differentials between US and Japan is 4.5 percent and yen is in 5 percent premium 1-year forward/ The U.S. Interest rate is 5.5 percent, while Japanese Interest rate is 1 percent. Assume you can borrow $10 million or its yen equivalent. Is there an arbitrage profit, and if so how much? Assume Japanese spot rate is 92 yen/$.