It is expected from the forward rate quotations that the Swiss franc will appreciate over the next 12 months. The bld-ask and other transaction quotes are: Spot rate is $0.8200 - 50.8300 per SF 1 2 month Forward rate is $0.8370 - $0.8460 per SF; U.S. annualized interest rate is 3.0%-3.4% and Swiss annualized Interest rate is 2.4% 2.8%. Based on Interest Rate Parity, if you can borrow SF 1 million, what is your gain or loss (rounded)? a. Lose SF 29,655 b. Lose SF 6,614 c. Lose SF 347 d. Gain SF 29,655