Equinor's Corporate Arbiltrage. Equinor, the nesconal ol company of Nonway, is a large, sophisticaled, and active participant in both the currency and petrochemical markets . Authough it is a Norwegan company, because it operates within the global oi market, A consders the U.S, dollar, rather than the Norwegian hrone (Nok), as its functionai curreog). An Karlsen is a currency trador for Equinor and has immediuto use of either 52.9 milion (or the Nonvegian krone equivalent) He is faced with the fallowing market rates, in the coming 90 dirys. and wonders whether he can mate some arbitrage profits The ClA profit pobential is 03120%, which iels Ari Karisen he should borrow Cirs: 90 days, and therefore eam covered interest arbitrage (CLA) proths. (Round to sour decimal places and select from the drop-down menus: ? sefing the doliars forwart The Cup proft amount is 1 (Round to the nearest cent.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)