Please show how to calculate in excel.

You execute a carry trade in which you borrow 10,000 British pounds and invest in euros. You also use $10,000 of your own money. The duration of the trade is one year. The interest rates and exchange rates are shown in the following: Pound interest rate: 4% Euro interest rate: 6% Current spot rate: $1.20=1 and 1.30=1 You use the current exchange rates as forecasts for those in one year. What profit would you expect as a percentage of your own fund? Select one: a. 8.34% b. 8.76% C. 10% d. 9.12% e. 9.56% The correct answer is: 9.12%