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Casper Landsten-Thirty Days Later. Casper Landsten once again has $0.95 million (or its Swiss franc equivalent) to invest for three months. He now faces the

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Casper Landsten-Thirty Days Later. Casper Landsten once again has $0.95 million (or its Swiss franc equivalent) to invest for three months. He now faces the following rates. Should he enter into a covered interest arbitrage (CIA) investment? Arbitrage funds available $950,000 1.3391 1.3284 4.755% 3.622% Spot exchange rate (SFr/$) 3-month forward rate (SFr/$) U.S. Dollar annual interest rate Swiss franc annual interest rate

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