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KRW USD BC $ 2,000,000.00 $ 2,000.00 Borrowing Rate 3% 2% Lending Rate 2% 1.50%...

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Accounting

KRW USD BC $ 2,000,000.00 $ 2,000.00

Borrowing Rate 3% 2%

Lending Rate 2% 1.50%

Current Spot USD/KRW $ 1,150.00

10 day expected spot USD/KRW $ 1,175.00

Find S profit in KRW Hint: The local currency is KRW. No currency symbols, just write the numbers. Use two decimals

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