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10 If 3-month interest rate in the U.S, and Switzerland are 2.5% and 1% respectively, and the 90-day forward rate for the Swiss franc is

10

If 3-month interest rate in the U.S, and Switzerland are 2.5% and 1% respectively, and the 90-day forward rate for the Swiss franc is $.3864, at what current spot rate will Interest Rate Parity hold?

Group of answer choices

$.3792

none of the choices is correct

$.3902

$.3874

$.3807

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