Question: This is a partial problem asking only about a step in the process used in problem 6.9 Heidi Hi Jensen, a foreign exchange trader at

This is a partial problem asking only about a step in the process used in problem 6.9 Heidi Hi Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest \$1 million, or the foreign currency equivalent of the bank's short term funds, in a covered interest arbitrage with Denmark. Using the following quotes, compute the forward premium/discount on the kroner. Because for this level of analysis/problems, small differences in \% lead to arbitrage profit/losses, please always use 4 digits in your calculations and enter your answer rounding to the nearest 0.0001%. For example if your answer is 1.25947% then enter 1.2595; if your answer is 2.4% then enter 2.40001 make sure you enter the 3 zeros). If the problem requires an answer that is dollars (not \%), then you can round to the nearest $0.01 (use 2 decimals). The forward premium/discount on the kroner (in \%) is
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