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For questions 23-25: Current one-year rates are 3% in Switzerland and 4% in USA. The current spot rate is 1.10 Sf/$. 23) What is the

For questions 23-25: Current one-year rates are 3% in Switzerland and 4% in USA. The current spot rate is 1.10 Sf/$. 23) What is the expected (in one year) future FX rate according to interest rate parity? Use exact equation. 24) What is the synthetic one-year forward rate? 25) What is the market one-year forward rate?

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