Casper Landsten-CIA (A). Casper Landsten is a foreign exchange trader for a bank in New York. He has

$1 million (or its Swiss franc equivalent) for a short term money market investment and wonders if he should invest in U.S. dollars for three months, or make a CIA investment in the Swiss franc. He faces the following quotes:

Arbitrage funds available	$	1,000,000
Spot exchange rate (SFr/$)		1.2811
3-month forward rate (SFr/$)		1.2745
U.S. Dollar annual interest rate		4.795	%
Swiss franc annual interest rate		3.204	%

The CIA profit potential is ___%,which tells Casper Landsten he should borrow______ and invest in the yielding currency, the________ ,in order to earn covered interest arbitrage (CIA) profits.(Round to three decimal places and select from the drop-down menus.)