A currency trader executes a 1-year carry trade by borrowing in Swedish krona (SEK) and investing in Singapore dollars (SGD) based on the following data:

	SEK	SGD
One year MRR	3.75%	6.50%
SEK/SGD at start of trade	7.4162
SEK/SGD at end of trade	7.7663

Note: SEK/SGD is the amount of SEK per 1 SGD.

The net profit on the trade is closest to: