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The current spot for Euro (USD/EUR) is 1.04 as of today. Now, you expect it to go down to 1.02 in next 15 days Show

The current spot for Euro (USD/EUR) is 1.04 as of today. Now, you expect it to go down to 1.02 in next 15 days Show me the speculation profit if you are right in next 15 days. The borrowing capacity for EUR and USD is 10 million. The borrowing rate for EUR is 7% and 5% for USD and the lending rate for EUR is 6% and 4% for USD. Your local currency is USD and answer the question in USD.

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