b) Bob is a speculator and has the following information with regard to the financial markets: - Eurodollar Rate = 6% per annum (3% for 180 days) Yen Rate = 4% per annum (2% for 180 days) Spot Y/$ = Y105.00 = $ 1.00 F180 Y/$ = Y 102.5 = $ 1.00 Bob decides to borrow $10 million to try and see if he can make money on the market. Explain in detail how he will proceed and his NETT profit or loss at the end of the transaction. Show all your calculations