3)(a) A New York based bank expects that the Mexican peso will depreciate against the U.S. dollar from Its spot rate of $0.15 to $0.14 in 10 days. The following interbank lending and borrowing rates exist. Assume the Bank has a borrowing capacity of \$10million or 70 million Peso. Show how the bank will attempt to capitalize on its expectation to earn a speculative profit without using depositors' funds. Find the profit (loss) the firm could earn from its strategy. (b)Assume all the information in part (a) above. Suppose the New York bank expects the peso to appreciate against the dollar from $0.15 t0 $0.17 in 30 days. Describe how this bank could profit from the strategy it engaged in this speculative investment