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19. If annualized interest rates in the U.S. and Switzerland are 10% and 4%, respectively, and the 90day forward rate for the Swiss franc is
19. If annualized interest rates in the U.S. and Switzerland are 10% and 4%, respectively, and the 90day forward rate for the Swiss franc is $.3864, at what current spot rate will interest rate parity hold? a) $.3902 b) $.3874 c) $.3807 d) $.3792 19. If annualized interest rates in the U.S. and Switzerland are 10% and 4%, respectively, and the 90day forward rate for the Swiss franc is $.3864, at what current spot rate will interest rate parity hold? a) $.3902 b) $.3874 c) $.3807 d) $.3792
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