TD Bank believes Swedish krona (SEK) will depreciate over the next 45 days from $0.097 to $0.095. The following annual interest rates apply: Currency Dollars Swedish krona (SEK) Lending Rate 7.20% 7.30% Borrowing Rate 7.35% 7.55% TD Bank has the capacity to borrow either SEK20 million or $20 million. If TD Bank's forecast is correct, how shall TD Bank implement its speculating trading activities and what will its dollar profit be from speculation over the 45-day period (assuming it does not use any of its existing consumer deposits to capitalize on its expectations)? (30/360 convention used for the interest calculation, i.e., assuming 360 days a year) TD Bank shall borrow SEK20 million. Doing so, TD Bank will have the speculative profit of $433,776.32. TD Bank shall borrow $20 million. Doing so, TD Bank will have the speculative profit of $40,486.25. TD Bank shall borrow SEK20 million. Doing so, TD Bank will have the speculative profit of $39,528.75. TD Bank shall borrow $20 million. Doing so, TD Bank will have the speculative profit of $418,644.74.