Problems 6-9 million, Heidi Hai Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest $O.S or the foreign currency equivalent of the bank's short term funds, in a covered interest arbitrage with Denmark. Using the following quotes can He di make 6. C-kr( 100,000 b. 706,654 c. 1,525,576 d. 876,000 e.3,239,250 1,925,546 a. 8.2,500,432 h. 4,674,000 .5,099,655 j.3,085000 7. D-kr a. 100,000 b. 706,654 c. 1,525,576 d. 876,000 e. 3,239,250 1,925,546 & 2,500,432 h 4,674,000 1.5,099,655 j.3,085000 8. E-$ a. 100,000 b. 709,954 c. 625,576 d. 876,000e. 3,239,250 8.2,500,432 h. 4,674,000 i.522,460 j.3,085000 t 1,925,546 9.Profit/Loss $ a. 6,586 b. 7,.960 c.15,576 d. 7460 e. 56,432 1,925,546 2500000 h. 674,000 i.99,655 ULS dollar interest rate (12-month) 3.000% s s00,000.00 1.0300 S7 Forward 360 (kr/S) 6.2000 360 dbys Spot (kr/S) 6.1700 1.0500 5.000 % Danish kroner interest (12-month) idi Hoi Jensen generates a covered interest arbitrage (CIA) profit because she is able to generate an even her interest return in Danish kroner than she "gives up" by selling the proceeds forward at the forward ra 10. The Argentine peso was fixed through a currency board at Ps1.00/$ throughout the 1990s. During that one year period Argentina's inflation rate was 20% on an annualized basis. Inflation in the United States during that same period was 2.2% annualized. The PPP exchange rate Ps( uSS is a. 3.2 b. 1.17 c. 2.2 d. 4.1e. 5.5 t.6.0 g.0.2