You have quoted your customer the following CAD deposit rates:
1M 1.00-05%
2M 1.06-11%
3M 1.13-18%
The customer says, “I give you CAD 20,000,000.00 in the two’s”. What have you done?
Borrowed CAD 20,000,000.00 at 1.06%
Lent CAD 20,000,000.00 at 1.11%
Borrowed CAD 20,000,000.00 at 1.11%
Lent CAD 20,000,000.00 at 1.06%
Submit