Why is the price of Swiss franc for U.S. dollar in Zurich and New York City almostbut
Question:
Why is the price of Swiss franc for U.S. dollar in Zurich and New York City almost—but not quite—the same? What do you think explains the small difference in rates?
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The price of the Swiss franc for the US dollar in Zurich and New York City being almost but not quite the same can be attributed to several factors Ar...View the full answer
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Related Book For 
International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets
ISBN: 9781119550464
2nd Edition
Authors: Laurent L. Jacque
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