Frost Bank believes British pounds () will depreciate over the next 60 days from $1.16 to $1.14. The following annual interest rates apply: Frost Bank has the capacity to borrow either 25 million or $25 million. If Frost Bank's forecast is correct, how shall Frost Bank implement its speculating trading activities and what will its dollar profit be from speculation over the 60-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) Frost Bank shall borrow 25 million. Doing so, Frost Bank will have the speculative profit of $468,541.67. Frost Bank shall borrow $25 million. Doing sa-Frost Bank will have the speculative profit of $438,559.94. Frost Bank shall borrow $25 million. Doing so, Frost Bank will have the speculative profit of $469,846.49. Frost Bank shall borrow 25 million. Doing so, Frost Bank will have the speculative profit of $473,333.33