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JP Morgan would like to buy 3 million USD today against JPY. Bank of America quotes USD/JPY as 149.900/149.906. Tomorrow USD/JPY goes down. If JP

JP Morgan would like to buy 3 million USD today against JPY.

Bank of America quotes USD/JPY as 149.900/149.906.

Tomorrow USD/JPY goes down. If JP Morgan sells USD bought, determine P/L.

Tomorrow Bank of America quotes USD/JPY as 144.85/144.857.

Determine P/L

Please submit the assignment in an Excel sheet

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