Problem 6-14 (algorithmic) : Question Help Casper Landsten-Thirty Days Later. Casper Landsten once again has $0.9 million (or its Swiss franc equivalent) to invest for three months. He now faces the following rates. Should he enter into a covered interest arbitrage (CIA) investment? $ 900,000 1.3394 Arbitrage funds available Spot exchange rate (SFr/$) 3-month forward rate (SFr/$) U.S. Dollar annual interest rate Swiss franc annual interest rate 1.3287 4.754 % 3.625 % The CIA profit potential is %, which tells Casper Landsten he should borrow a CIA profit. (Round to three decimal places and select from the drop-down menus.) and invest in the yielding currency, the y , and then sell the principal and interest forward three months locking in Enter your answer in the answer box and then click Check Answer. Problem 6-14 (algorithmic) : Question Help Casper Landsten-Thirty Days Later. Casper Landsten once again has $0.9 million (or its Swiss franc equivalent) to invest for three months. He now faces the following rates. Should he enter into a covered interest arbitrage (CIA) investment? $ 900,000 1.3394 Arbitrage funds available Spot exchange rate (SFr/$) 3-month forward rate (SFr/$) U.S. Dollar annual interest rate Swiss franc annual interest rate 1.3287 4.754 % 3.625 % The CIA profit potential is %, which tells Casper Landsten he should borrow a CIA profit. (Round to three decimal places and select from the drop-down menus.) and invest in the yielding currency, the y , and then sell the principal and interest forward three months locking in Enter your answer in the answer box and then click Check