HELP ME, PLEASE (URGENT)

Stephanie, an arbitrageur was checking at the Telerate screen. The following exchange rate and interest rate are as quoted below: Currency Dollar 90-day interest rates annualized Spot rates 90-day forward rates 4.99% - 5.03% per annum 3.14% - 3.19% per annum $0.711 - 22 $0.726 - 32 Swiss franc Required: i. Can Stephanie find an arbitrage opportunity? (4 marks) ii. What steps must Stephanie take to capitalize on it, assuming she can borrow up to $1,000,000? (10 marks)