What Is the End-Of-Year Profit or Loss to the Bank

Multiple Choice

What is the end-of-year profit or loss to the bank if in one year Canadian bond rates increase to 7.538 percent? (Assume no change in either current U.S. interest rates or current exchange rates, US $0.78493/C $1.)

A) Loss of US $5,000.
B) Profit of US $15,000.
C) Loss of C $119,000.
D) Profit of C $50,000.
E) Loss of C $50,000.