21. Bank of America expects the exchange rate of the Canadian dollar to appreciate against the from its present level of 0.56 to 0.59 in 45 days. Assume that Bank of America will borrow from local bank . 30 million. The borrowing rate is 6.2 and the bank of America will lend this money in local market within the 45 days at the rate of 5.5. Estimate the profit that could be generated from this strategy (5 Points) a. 1,591,941 b. 1.765.876 1.345987 d. 1987.970 e nothing is correct