I need the answer ASAP!!!!!

Statoil o Norway's Arbitra e Stato the national o company o Norway is a la e, so his cated and active participant in both the cu ency and petrochem i al market itou S, Norwegian co mpany, because it operates within the global oil market, it considers the U.S. dollar, rather than the Norwegian krone, as its functional currency. Ari Karlsen is a currency trader for Statoil, and has immediate use of either $2.9 million (or the Norvegian krone equivalent). He is faced with the following market rates, and wonders whether he can make some arbitrage profits in the coming 90 days Abitrage funds available Spot exchange rate (Nok/S) 3-month forward rate (Nok/S) U.S. dollar annual interest rate Norwegian krone annual interest rate $ 2,900,000 6.0313 6.0189 5.005 % 4 446 % The CIA profit potential is []%, which tells Ari Kartsen he should borrow eam covered interest arbitrage (CIA) profits. (Round to four decimal places and select from the drop -down menus.) The CIA profit amount is (Round to the nearest cent.) Y and invest in the yielding currency, the seling the dollars forward 90 days, and therefore