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(Q9) Help please Copenhagen Covered (A). Heidi Hi Jensen, a foreign exchange trader at JPMorgan Chase, can invest $4.9 million or the Danish kroner (kr)

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Copenhagen Covered (A). Heidi Hi Jensen, a foreign exchange trader at JPMorgan Chase, can invest $4.9 million or the Danish kroner (kr) equivalent, of the bank's short-term funds in a covered interest arbitrage with Denmark. Using the following quotes, , can Heidi make a covered interest arbitrage (CIA) profit? The CIA profit potential is %, which tells Heidi Hi Jensen that she should borrow and invest in the higher yielding currency the , for CIA profit. (Round to three decimal places and select from the drop-down menus.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)

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