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* A customer gives you GBP 25,000,000.00 at 0.625% same day for 7 days. Through a broker, you place the funds with a bank for

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* A customer gives you GBP 25,000,000.00 at 0.625% same day for 7 days. Through a broker, you place the funds with a bank for the same period at 0.6875 %. Brokerage is charged at 2 basis points per annum. What is the net profit or loss on the deal? A. Profit of GBP299.66 B. Profit of GBP 203.77 LossofGBP299.66 C. D. Loss of GBP203.77

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