Assume the annualized interest rates for lending and borrowing in US are 5.89% and 6.35. Likewise in Canada, the lending and borrowing rates are 5.60% and 6.00%. Malone bank can borrow either $20 million or 30 million canadian dollars. Furthermore, Malone Bank expects the spot rate of the Canadian dollar to be 0.82 in 60 days (the current spot rate is $0.80). What is the profit or loss from Malonr bank's speculation if the spot rate is 60 days from now indeed $0.82?