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37.34 If annual interest rates are 10 percent in the U.S. and 4 percent in Switzerland with quarterly compounding and the 90-day forward rate for

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37.34 If annual interest rates are 10 percent in the U.S. and 4 percent in Switzerland with quarterly compounding and the 90-day forward rate for the Swiss franc is $0.3864/SFr, at what current spot rate will interest rate parity hold? a. $0.3910/SFr b. $0.3897/SFT C. $0.3807/SFT d. $0.3762/SFT

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