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If the spot price of the U.S. Dollar (USD) is 1.01 Swiss Francs (CHF) and the risk-free rate on 1-year government bonds is 2.73%/year in
If the spot price of the U.S. Dollar (USD) is 1.01 Swiss Francs (CHF) and the risk-free rate on 1-year government bonds is 2.73%/year in the US and -0.64% in Switzerland (yes, that is a negative sign), what is the one-year-forward price of CHF in USD?
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International Finance The Markets And Financial Management Of Multinational Business
Authors: Maurice D. Levi
3rd Edition
0070376875, 978-0070376878
