Suppose Grant smith can borrow or lend $10,000,000 or 10,000,000 for 4 months. The current spot rates are 0.75-0.76 /$, and the 4-month forward rates are 0.77-0.78 /$. The interest rates in U.S. dollars are 8.1-8.4% per annum and in euros are 6.0-6.3% per annum. Show calculations and explain. Also, what should Grant do and why?