2) On January 1, 2015 the treasurer of a certain company learns that she will need to borrow $1,000,000 on January 1, 2016 for a year. The treasurer calls a bank and asks how much she would have to agree to pay in interest if the transaction is done today. a) Use the following yield curve (given in continuously compounded conven- tion) to find out what the answer from the bank should be: Maturity (Yrs) Rate (annualized) .5 1.0 % 1.0 1.5 % 1.5 1.5 % 2.0 2.0 % 2.5 2.5 % b) It turns out that, after 6 months, the treasurer realizes that she will not need to borrow money. Given that the the yield curve now looks like this: Maturity (Yrs) Rate (annualized) .5 .5 % 1.0 1.0 % 1.5 1.0 % 2.0 2.0 % 2.5 3.0 % Did she make or lose money in the trade? How much