Bank One believes the Euros () will depreciate over the next 90 days from $1.13 to $1.10. The following annual interest rates apply: Currency Dollars Euros () Lending Rate 6.73% 6.80% Borrowing Rate 7.20% 7.28% Bank One has the capacity to borrow either 20 million or $20 million. If Bank One's forecast is correct, how shall Bank One implement its speculating trading activities and what will its dollar profit be from speculation over the 90-day period (assuming it does not use any of its existing consumer deposits to capitalize on its expectations)? (30/360 convention used for the interest calculation, i.e., assuming 360 days a year) Bank One shall borrow $20 million . Doing so, Bank One will have the speculative profit of $583,800. O Bank Ine shall borrow 20 million . Doing so, Bank One will have the speculative profit of $584,245. Bank One shall borrow $20 million . Doing so, Bank One will have the speculative profit of $588,200. Bank One shall borrow 20 million. Doing so, Bank One will have the speculative profit of $579,845