Cal Bank believes the Ghanaian Cedi will appreciate over the next five days from GHS 4.48 to GHS 4.50. The following annual interest rates apply: Currency Lending Rate Borrowing Rate Dollars 7.10%...

Cal Bank believes the Ghanaian Cedi will appreciate over the next five days from GHS 4.48 to GHS 4.50. The following annual interest rates apply:

Currency                                     Lending Rate                Borrowing Rate
Dollars                                             7.10%                             7.50%
Ghana Cedis                                    6.80%                             7.25%

Cal Bank has the capacity to borrow either GHS 10 million or $5 million. If Cal Bank's forecast is correct, what will its dollar profit be from speculation over the five-day period (assuming it does not use any of its existing consumer deposits to capitalize on its expectations)?