6. You work for a bank that expects the spot rate of the euro to be $1.10 in 180 days. Currently, the euro spot rate is $1.15. Your bank can borrow either $10 million or 10 million. The interbank lending and borrowing rates are as follows (note that these are annualized rates): U.S. dollar Euro Lending Rate 1% 2% Borrowing Rate 3% 4% What is your bank's dollar profit (i.e., profit in U.S. dollars) from speculating assuming that the euro moves in line with your bank's expectation?