Spot rate of Swedish Krona	$.12
90-day forward rate of	$.10
90-day Swedish Interest Rate	6%
90-day US interest Rate	4%

Question:

1. Given the information above, is any type of arbitrage possible? Why? Or Why not?
2. If yes mention the name of the arbitrage opportunity.
3. If yes then explain the steps that would reflect the arbitrage process and compute the potential profit from this strategy if you had 100,000 USD at your disposal to use for this purpose.
4. If there is an arbitrage opportunity, what would eliminate it?