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Marvel Bank Ltd issued a A$180 million, one-year maturity CD, denominated in euro (euro CD) six months ago. On the same date, A$140 million was

Marvel Bank Ltd issued a A$180 million, one-year maturity CD, denominated in euro (euro CD) six months ago. On the same date, A$140 million was invested in a euro-denominated loan and A$40 million was invested in an Australian Treasury bond. The exchange rate on this date was 1.9/A$1. Assume no repayment of principal and an exchange rate today of 1.5/A$1.\ \ What is Marvel Banks profit/loss from this transaction (in A$ and )?\ \ A. \ A loss of 10.67 million in A$ and 16 million in \ \ B. \ A profit of 10.89 million in A$ and 16.33 million in \ \ C. \ A profit of 13.77 mi

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