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please find quick the cia profit amount in kr(the missing blank in question) thank you Copenhagen Covered (B). Heidi Hoi Jensen, a foreign exchange trader

please find quick the cia profit amount in kr(the missing blank in question) thank you
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Copenhagen Covered (B). Heidi Hoi Jensen, a foreign exchange trader at J.P. Morgan Chase, can invest $4.95 million, or the foreign currency 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 after interest rates change. (Note that anytime the difference in interest rates does not exactly equal the forward promium, it must be possible to make CIA profit one way or another) Arbitrage funds available $ 4,950,000 Spot exchange rate (1/5) 6.1724 3-month forward rate (kr/s) 6.1984 U.S. dollar annual interest rate 4,050 % Danish krone annual interest rato 4.950 % *** The CIA profit potential to -0.778 %, which tells Heidi that she should borrow Danish Krone and invest in the lower interest rate currency, the dollar, gaining on the to-exchange of dollars for krone at the end of the period (Round to three decimal places and select from the drop-down menus) The CIA profit amount is kr. (Round to two decimal places)

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