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1.088 usd is wrong. Question 15: Assume that the one-year interest rates for USD and CHF are: rUSD = 5% and rCHF = 2% and

1.088 usd is wrong. Question 15: Assume that the one-year interest rates for USD and CHF are: rUSD = 5% and rCHF = 2% and that the expected spot rate at t = 1 is E (XCHF/USD ) = 1.12, what is the shor...

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