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Bank A has a maturity mismatch in its foreign exchange position. It sold 5 million Swiss francs on November 13 for value on November 15

Bank A has a maturity mismatch in its foreign exchange position. It sold 5 million Swiss francs on November 13 for value on November 15 to bank X for $2,501,000 and bought 5 million francs for value on November 25 from bank Z for $2,499,000. The exchange rate is $1 = 2 francs on 1 franc = $.50. To eliminate possible interest rate risk during the maturity gap, it arranges a swap with bank B. Write out the transactions of bank A and B on these value dates. What are the profits to bank A of the swap

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