2. Consider the following rates: Spot exchange rate: $0.50/SFr (Swiss Francs) 30-day forward exchange rate: $0.505/SFr Annualized interest rate on 30-day dollar-denominated government bonds: 18% Annualized interest rate on 30-day SFr-denominated government bonds: 6% (a) Ms. A is a Swiss consultant who calculates her income and wealth in SFr. She is due to receive a large payment in dollars in 30 days. She expects the spot rate in 30 days to be the same as the current spot rate. Should she hedge her dollar receivable in the forward exchange market? Why? (b) Mr. B is a Swiss investor who calculates his income and wealth in SFr. He expects the spot exchange rate to be $0.495/SFr in 30 days. Should he un- dertake an (uncovered) investment in the 30-day U.S. dollar-denominated bond rather than invest in a 30-day SFr-denominated bond? Why