interest arbitrage with Denmark. Using the following quotes, can Heidi make a covered interest arbitrage $($CIA$)$ profit?

Arbitrage funds available

Spot exchange rate $(k\frac{r}{\text{\$}})$

$3-$month forward rate $(k\frac{r}{\text{\$}})$

U$.$S$.$ dollar annual interest rate

Danish krone annual interest rate

$$4,950,000$

$6\mathrm{.}1717$

$6\mathrm{.}1983$

$2\mathrm{.}950\%$

$5\mathrm{.}000\%$

The CIA profit potential is

$\%,$ which tells Heidi H$$i Jensen that she should borrow

places and select from the drop$-$down menus.$)$

and invest in the higher yielding currency the

Danish krones

U$.$S$.$ dollars

$,$ for CIA profit. $($Round to three decimal