Copenhagen Covered (B). Hoifi Hoi Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest $4.9 milion, or the foreign currency equraicht of the bank's short term funds, in a covered interest arbitrage weh Denmark. Sthe is now evaluating the arbitrago profit potential in the same market after intorest rates change. (Note that anytime the difference in enterest rates does not exactly equal the forward prornim, it mast be possible to make ClA profis one way or anothef.) The ClA protit potervial is and invest in the intecest rajo currency: te-0xchango of dollars for kione at the end of the period. (Found to thee decimal praces and soloct from the orop-down menus ) Copenhagen Covered (B). Heidi Hi Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest $4.9 million, bank's short term funds, in a covered interest arbitrage with Denmark. She is now evaluating the arbitrage profit potential change. (Note that anytime the difference in interest rates does not exactly equal the forward premium, it must be possibi The ClA profit potential is \%, which tells Heidi that she should borrow and invest in the re-exchange of dollars for krone at the end of the period. (Round to thret : ct from the drop-down me Danish krone ic) HW Score: 5.33%,5.33 of 100 points Points: 0 of 18 Morgan Chase, can invest $4.9 million, or the foreign currency equivale w evaluating the arbitrage profit potential in the same market after interes al the forward premium, it must be possible to make CIA profit one way or \begin{tabular}{l} and invest in the Simal places and select from t' \\ \hline higher \\ \hline lower \\ \hline \end{tabular} invest $4.9 million, or the foreign currency equivalent of the rage profit potential in the same market after interest rates n, it must be possible to make CIA profit one way or another.) Copenhagen Covered (B). Heidi Hoi Jensen, a foreign exchanige trader at J.P. Morgan Chase, can invest \$4.9 mailion, or the foreign currency equvakent of the bank's short term funds, in a covered interest arbitrage with Denmark. She is now evaluating the arbitrage profit potentiat in the same manket atiet interest rates The ClA profit potential is %, which fells Heidi that she should borgu and invest in the re-exchange of dollars for krone at the end of the period. (Round to three decimal places and select hom the drop-down menus.) Copenhagen Covered (B). Heidi Hai Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest \$4 9 million, or the foreign curtency equivalent of the bank's short term funds, in a covered interest arbitrage with Denmark. She is now evaluating the arbitrage profit potential in the same market atter interest rates change. (Note that anytirne the difference in interest rates does not exactly equal the forward premium, it must be possible to make ClA profit one way or another.) The CIA profit potential is 3 , which tells Heidi that she should bogtw and invest in tho interest rate currency. gaining on the re-exchange of dollars for krone at the end of the period. (Round to three decimal places and select from the drop-down menus.) Heidi Hi Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest $4.9 million, or the foreis a covered interest arbitrage with Denmark. She is now evaluating the arbitrage profit potential in the sam the difference in interest rates does not exactly equal the forward premium, it must be possible to make %, which tells Heidi that she should borrow and invest in the interest rate currenc rkrone at the end of the period. (Round to three ct from the drop-down menus.) Danish krone exchange trader at J.P. Morgan Chase, can invest $4.9 million, or the foreign currency ec ith Denmark. She is now evaluating the arbitrage profit potential in the same market after s does not exactly equal the forward premium, it must be possible to make CIA profit one 0,000 1723 1981 3.900% 4.900% e should borrow invest in the interest rate currency, (Round to three decimal places and select from th higher lower 1e is now evaluating the carbinvest $4.9 million, or the foreign currency equivalent of the ly equal the forward premium, it profit potential in the same market after interest rates the decimal places and select from the drop-down menus.) the dollar the krone
