Consider US investors can buy 3 month risk free Swiss bond that promises a 12% nominal annualized return. Spot rate is 1.1 dollar per Swiss Franc. 3 month forward exchange rate is 1.13 dollar per Swiss Franc. What is the annualized return of buying 3 month US bond? 37.15%23.24%40.15%10.54% Question 9 ( 4 points) A company reported sales of $3 million, cost of good sold of $5 million, and an inventory ratio of 2 . If the company can improve its inventory ratio to 5 , how much free cash flow will be increased? 3 million 2 million 1.5 million