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please show work! thank you! 6.11 Copenhagen Covered (C). Heidi...

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please show work! thank you!
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6.11 Copenhagen Covered (C). Heidi Hi Jensen is again evaluating the arbitrage profit potential in the same market after another change in interest rates. (Remem- ber that any time the difference in interest rates does not exactly equal the forward premium, it must be possible to make a CIA profit one way or another.) Arbitrage funds available $5,000,000 Spot exchange rate (kr/$) 6.1720 3-month forward rate (kr/$) 6.1980 U.S. dollar 3-month interest rate 3.000% Danish kroner 3-month interest rate 6.000%

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