Bank USA recently purchased $111 million worth of euro-denominated one-year CDs that pay 11 percent interest annually. The current spot rate of U.S. dollars for euros is $1104/61, a. Is Bank USA exposed to an appreciation or depreciation of the dollar relative to the euro? b. What will be the return on the one-year CD if the dollar appreciates relative to the euro such that the spot rate of U.S. dollars for eurs at the end of the year is $1.004/61? (Round your answer to 3 decimal places. (e.g., 32,161)) c. What will be the return on the one-year CD if the dollar depreciates relative to the euro such that the spot rate of U.S. dollars for euros at the end of the year is $1.204/17 (Round your answer to 3 decimal places. (e.g., 32.161)) % a. Exposure Retum if dollar b. appreciates Return if dollar C. depreciates %