Problem 6-9 (algorithmic) Question Help * Copenhagen Covered (A). Heidi Hi Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest $4.95 million, or the foreign currency equivalent of the bank's short term funds, in a covered interest arbitrage wth Denmark. Using the following quotes, can Heidi make a covered interest arbitrage (CIA) profit? Arbitrage funds available Spot exchange rate (kr/s) 3-month forward rate (kr/S) U.S. dollar annual interest rate Danish krone annual interest rate $ 4,950,000 6.1724 6.1978 3.050 % 5.050 % for The CIA profit potential is | |%, which tells Heidi Hoi Jensen that she should borrow CIA profit. (Round to three decimal places and select from the drop-down menus.) | and invest in the higher yielding currency the Problem 6-9 (algorithmic) Question Help * Copenhagen Covered (A). Heidi Hi Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest $4.95 million, or the foreign currency equivalent of the bank's short term funds, in a covered interest arbitrage wth Denmark. Using the following quotes, can Heidi make a covered interest arbitrage (CIA) profit? Arbitrage funds available Spot exchange rate (kr/s) 3-month forward rate (kr/S) U.S. dollar annual interest rate Danish krone annual interest rate $ 4,950,000 6.1724 6.1978 3.050 % 5.050 % for The CIA profit potential is | |%, which tells Heidi Hoi Jensen that she should borrow CIA profit. (Round to three decimal places and select from the drop-down menus.) | and invest in the higher yielding currency the