Assume that you are a retail customer.If you had borrowed $1,000,000 and traded for euro at the spot rate, how many do you receive? Bid Ask Borrowing Lending So(S/) $1.40 = 1.00 $1.43 = 1.00 is 4.20% APR 4.10% APR F360(S/) $1.44 = 1.00 $1.49 = 1.00 le 3.65% APR 3.50% APR