Pacific Investment Bank is a U.S. investment bank that wants to speculate on the dollar-euro exchange rate.. A euro () costs $1.06 today. The bank expects it to cost $1.1 in 7 months. Current annual interest rates are as follows: Currency Euro Borrowing rate 4.9% Lending rate 4.3% U.S. dollar 7.3% 6.9% The bank doesn't want to use any of its own money, but could borrow either $10,000,000 or 10,000,000. Assume there are 30 days in every month and 360 days per year. Ignore compounding when working with the interest rates. Part 3 What is the foreign currency value after investing it for 7 months (in euro)? 0+ decimals Submit Attempt 3/10 for 10 pts. Part 4 Attempt 1/10 for 10 pts. What is the expected value of the investment after investing it for 7 months and converting it back to the home currency (in dollars)? D+ decimals Submit Part 5 What amount is necessary to pay back the loan with interest (in $)? 0+ decimals Submit Attempt 1/10 for 10 pts. Part 6 What is the expected profit from the trade after paying off the loan and interest (in $)? 0+ decimals Submit Attempt 1/10 for 10 pts