BOA (US Bank) believes that New Zealand dollar will appreciate over the next 90 days from US$0.48/NZ$ to US$0.50/NZ$. The following information is available. Country US Interest Rate (annual) New Zealand BOA has the capacity to borrow $5 million from Chase Bank. If BOA forecasting is correct, what will be its US$ profit from this FX speculation over the 90 days period? O around $0.26 million O around $0.21 million O around $5.10 million 7.20% O around $5.30 million 6.8%

BOA (US Bank) believes that New Zealand dollar will appreciate over the next 90 days from US\$0,48/NZ\$ to US\$0.50/NZ\$. The following information is available. BOA has the capacity to borrow $5 million from Chase Bank. If BOA forecasting is correct, what will be its US\$ profit from this FX speculation over the 90 days period? around 50.26 million around $0.21 million around $5.10 million around \$5.30 millisn