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Consider 10.2 percent Swiss franc/U.S. dollar dual-currency bonds that pay $666.67 at maturity per SF1,000 of par value. It sells at par. What is implied

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Consider 10.2 percent Swiss franc/U.S. dollar dual-currency bonds that pay $666.67 at maturity per SF1,000 of par value. It sells at par. What is implied price of the bond based on the implicit SF/$ exchange rate at maturity? Will the investor be better or worse off at maturity if the actual SF/$ exchange rate is SF1.52/$1.00? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Implied bond price Investor's Position Worse A five-year, 4.5 percent Euroyen bond sells at par. A comparable risk five-year, 6.0 percent yen/dollar dual-currency bond pays $845.33 at maturity. It sells for 110,000. What is the implied $ exchange rate at maturity? Hint: The dual-currency bond pays 6.0 percent on a notional value of 100,000, whereas the par value of the bond is not necessarily equivalent to $100,000. (Do not round intermediate calculations. Round your answer to 3 decimal places.) Implied exchange rate (\/$) Consider 10.2 percent Swiss franc/U.S. dollar dual-currency bonds that pay $666.67 at maturity per SF1,000 of par value. It sells at par. What is implied price of the bond based on the implicit SF/$ exchange rate at maturity? Will the investor be better or worse off at maturity if the actual SF/$ exchange rate is SF1.52/$1.00? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Implied bond price Investor's Position Worse A five-year, 4.5 percent Euroyen bond sells at par. A comparable risk five-year, 6.0 percent yen/dollar dual-currency bond pays $845.33 at maturity. It sells for 110,000. What is the implied $ exchange rate at maturity? Hint: The dual-currency bond pays 6.0 percent on a notional value of 100,000, whereas the par value of the bond is not necessarily equivalent to $100,000. (Do not round intermediate calculations. Round your answer to 3 decimal places.) Implied exchange rate (\/$)

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