Six months ago, Qualitybank issued a \($100\) million, one-year maturity CD denominated in euros. On the same date, \($60\) million was invested in a €-denominated loan and \($40\) million was invested in a U.S. Treasury bill. The exchange rate on this date was €1.495/$. Assume no repayment of principal and an exchange rate today of €1.15/$.

a. What is the current value of the CD principal (in euros and dollars)?

b. What is the current value of the €-denominated loan principal (in dollars and euros)?

c. What is the current value of the U.S. Treasury bill (in euros and dollars)?

d. What is Qualitybank’s profit/loss from this transaction (in euros and dollars)?