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** Could you please show me how to calculate this...** thanks If the exchange rate between the U.S. dollar (USD) and the Swiss franc (CHF)
** Could you please show me how to calculate this...** thanks
If the exchange rate between the U.S. dollar (USD) and the Swiss franc (CHF) is CHF1.5 per USD, the USD interest rate is 6% per year, and the CHF interest rate is 5% per year, what is the break-even value of the future CHF/USD exchange rate one year from now?
Correct Answer: 1.48585 CHF/USD
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