7.4 Kapinsky Capital Geneva (A). Christoph Hoffeman trades currency for Kapinsky Capital of Geneva. Christoph has $10 million to begin with, and he must state all profits at the end of any speculation while the 30-day forward rate is $1.3350/. a. If Christoph believes the euro will continue to rise in value against the U.S. dollar and expects the spot rate to be $1.3600/ at the end of 30 days. what should he do? b. If Christoph believes the euro will depreciate in value against the U.S. dollar and expects the spot rate to be $1.2800/ at the end of 30 days, what should he do