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Assume the following information regarding U.S and European annualized interest rates: Trensor Bank can borrow either $23 million or the euro equivalent. The current spot

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Assume the following information regarding U.S and European annualized interest rates: Trensor Bank can borrow either $23 million or the euro equivalent. The current spot EURJUSD rate is 1.1585 Furthermore, Trensor Bank expects the spot rate of the euro to be 1.1386 in 90 days. What is Trensor Bank's dollar profit from speculating if the spot rate of the euro is indeed 1.1386 in 90 days? (USD, no cents)

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