Sameera Khaled of Credit Suisse First Boston (Tokyo) is exploring covered interest arbitrage (CIA) possibilities in the market given the following current market quotes. Assumptions Value Yen Equivalent 220,400,000 Arbitrage funds available Spot rate (/$) 180-day forward rate (\/$) 180-day U.S. dollar interest rate 180-day Japanese yen interest rate $2,000,000 110.20 109.80 3.000% 1.800% Required: 1. Where should Sameera Khaled Invest? 2. How much is his profit or loss? 3. Show your graph and Calculations