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7 . Suppose three year deposit rates on Eurodollars and Eurofrancs ( Swiss ) are 1 2 percent and 7 percent, respectively. If the current

$7 .$ Suppose three year deposit rates on Eurodollars and Eurofrancs $($ Swiss $)$ are $12$ percent and $7$ percent, respectively. If the current spot rate for the Swiss franc is $ $0.3985,$ what is the spot rate implied by these interest rates for the franc three years from now?

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7 . Suppose three year deposit rates on Eurodollars and Eurofrancs ( Swiss ) are 1 2 percent and 7 percent, respectively. If the current

7. Suppose three year deposit rates on Eurodollars and Eurofrancs (Swiss) are 12 percent and 7 percent, respectively. If the current spot rate for the Swiss franc is $0.3985, what is the spot rate implied by these interest rates for the franc three years from now?

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$7 .$ Suppose three year deposit rates on Eurodollars and Eurofrancs $($ Swiss $)$ are $12$ percent and $7$ percent, respectively. If the current spot rate for the Swiss franc is $ $0.3985,$ what is the spot rate implied by these interest rates for the franc three years from now?