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Due to the integrated nature of their capital markets, investors in both the U.S. and Switzerland. require the same real interest rate, 3.3%, on their

Due to the integrated nature of their capital markets, investors in both the U.S. and Switzerland. require the same real interest rate, 3.3%, on their lending. There is a consensus in capital markets that the annual inflation rate is likely to be 2.3% in the U.S. and 3.7% in Switzerland for the next three years. The USD/CHF rate is currently 0.9580. What is your expected future spot for USD/CHF two years from now? (X.XXXX)

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