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Tripax Ltd is looking to take advantage of arbitrage opportunities in the market and has the following option; Borrow Ksh. 15 million at an interest

Tripax Ltd is looking to take advantage of arbitrage opportunities in the market and has the following option; Borrow Ksh. 15 million at an interest rate of 20% annualized and invests the proceeds in Tanzania at an interest rate of 25%. The Tanzanian shilling is worth Ksh. 0.15 and is expected to be worth Ksh. 0.12 in three months time. Based on this information should Tripax Ltd borrow to invest in Tanzania? What would be the gain or loss in Kenya Shillings

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