Bank of America (USA) believes that New Zealand $ will appreciate over the next 90 days from $0.48/NZ$ to $0.50/NZ$. The following annual interest rate can be applied: Currency Lending rate (Annual) Borrowing rate(Annual) US dollar 7.10% 7.50% NZ$ 6.80% 7.25% BOA has the capacity to borrow $5million from ChaseBank. If BOA's forecast is correct, what would be BOA's US$ profit from this FX speculation over the 90 day period? O $5.3 million $0.556 million O $5.093 million $0.207 million