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Assume that the one year interest rates for USD and CHF are USD = 5% and CHF = 2% and that the expected spot rate

Assume that the one year interest rates for USD and CHF are USD = 5% and CHF = 2% and that the expected spot rate of CHF/USD = 1.12 and that the current spot rate of CHF/USD is 1.04. By how many % is ...

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