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Assume that the Swiss franc has an annual interest rate of 10% and is expected to appreciate by 4% against the dollar over the year.

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Assume that the Swiss franc has an annual interest rate of 10% and is expected to appreciate by 4% against the dollar over the year. From a U.S. perspective, the effective financing rate from borrowing francs for one year is: O 14%. 2.5%. 6.%. CID 5.6%. ( 14.4%

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