It is expected from the forward rate quotations that the Swiss franc will appreciate over the next 12 months. The transaction quotes are: Spot rate is $0.8200 per SF One year Forward rate is $0.8300 per SF U.S. annualized interest rate is 3.0% and Swiss annualized interest rate is 2.4%. Based on interest Rate Parity, if you can borrow SF 1 million, what is your gain ir loss (rounded)? Loss SF 18,337 a. b. Loss SF 6,410 Gain SF 6,410 Gain SF 18,337 d