please do it using excel

please do it using excel and if you cant do it using excel then dont do it this hw can only be submited if its done in excel and if u do it with out using excel i will give it a tumbs down

20. Speculation Blue Demon Bank expects that the Mexican peso will depreciate against the dollar from its spot rate of $0.15 to $0.14 in 10 days. The fol- lowing interbank lending and borrowing rates exist: LENDING CURRENCY RATE BORROWING RATE U.S. dollar 8.0% 8.3% Mexican peso 8.5% 8.7% Assume that Blue Demon Bank has a borrowing capacity of either $10 million or 70 million pesos in the interbank market, depending on which currency it wants to borrow. a. How could Blue Demon Bank attempt to capital- ize on its expectations without using deposited funds? Estimate the profits that could be generated from this strategy. b. Assume all the preceding information with this exception: Blue Demon Bank expects the peso to appreciate from its present spot rate of $0.15 to $0.17 in 30 days. How could it attempt to capitalize on its expectations without using deposited funds? Estimate the profits that could be generated from this strategy 2 F 8 A u ir cl