Can you please show me the steps in how to get both anwers please

5 6: International Parity Conditions 6.9 Copenhagen Covered (A). Heidi Hoi Jensen, a foreign exchange trader at JPMorgan Chase, can invest $5 million, or the foreign currency equivalent of the bank's short-term funds, in a covered interest arbitrage with Denmark. Using the following quotes, can Heidi make a covered interest arbitrage (CIA) profit? $5,000,000 6.1720 Arbitrage funds available Spot exchange rate (kr/S) 3-month forward rate (kr/S) 6.1980 U.S. dollar 3-month interest rate 3.00096 5.000% Danish kroner 3-month interest rate 6.10 Copenhagen Covered (B). Heidi Hoi Jensen is now evaluating the arbitrage profit potential in the same market after interest rates change. (Note that any time the difference in interest rates does not exactly equal the forward premium, it must be possible to make a CIA profit one way or another.) $5.000.000 6.1720 Arbitrage funds available Spot exchange rate (kr/S) 1 month forward rate (kris 6.1980 4400090 Usi dollari 3-month interest rate BIGCO Danish Kronen -month interest rate