Andreas Broszio (Geneva). Andreas Broszio just started as an analyst for Credit Suisse in Geneva, Switzerland. He receives the following quotes for Swiss francs against the dollar for spot, 1 month forward, 3 months forward, and 6 months forward.

Andreas Broszio (Geneva). Andreas Broszio just started as an analyst for Credit Suisse in Geneva, Switzerland. He receives the following quotes for Swiss francs against the dollar for spot, 1 month forward, 3 months forward, and 6 months forward. Spot exchange rate Bid rate Ask rate 1-month forward 3-months fonward 6-months forward SF12609/5 SF1.2623/5 10 to 15 14 to 22 20 to 30 The current one-year U.S. T-Bill rate is 41% What is the 6-month Swiss bill rate? (Round exchange rate to four decimal places and interest rate to three decimal places.) Six-month Swiss bill rate Spot rate, midrate (SF/$) Six-month forward rate, midrate (SF/S) Maturity (days) Six-month U.S. dollar treasury rate (yield) Implied SF interest rate % % The 6-month Swiss bill rate is: Days/360 Swiss bill rate = T-Bill rate + Forward rate Spot rate