The second blank's option is the same as the third one.

Homework: Lab 03 Question 5, Problem 6-7 (algorithmic) Part 1 of 2 > HW Score: 89.33%, 13.4 of 15 points O Points: 0 of 1 Save Kamada: CIA Japan (A). Takeshi Kamada, a foreign exchange trader at Credit Suisse (Tokyo), is exploring covered interest arbitrage possibilities. He wants to invest $5,000,000 or its yen equivalent, in a covered interest arbitrage between U.S. dollars and Japanese yen. He faced the following exchange rate and interest rate quotes. Is CIA profit possible? If so, how? Arbitrage funds available $ 5,000,000 118.45 Spot rate ($) 180-day forward rate ($) 117.87 U.S. dollar annual interest rate 4.807 % Japanese yen annual interest rate 3.394 % and invest in the higher yielding currency, The CIA profit potential is %, which tells Takeshi Kamada that he should borrow places and select from the drop-down menus.) to lock in a covered interest arbitrage (CIA) profit. (Round to three decimal the Japanese yen the U.S. dollar