what is the cia profit amount

Casper Landsten-Thirty Days Later. Casper Landsten once again has $1 million (or its Swiss franc equivalent) to invest for three months. He row tacos the following rates. Should he enter into a covered interest arbitrage (CIA) investment? Arbitrage funds available $ 1,000,000 Spot exchange rato (SFS 13398 3-month forward rate (SF1/8) US Dollar annual interest rate Swiss franc annual interest rate The CIA profit potential is 2331%, which tells Cooper Landsten he should borrow US dollars and invest in the lower yielding currency, the Swiss Franc and then will the Swostrare principal and interest forward two monthstocking in a CIA proft. (Round to three decimal places and select from the drop-down menus) The CIA profit amount is 5 (Round to the nearest cant) 1.3283 4.754 3.622