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(Interest rate parity) On August 8th the six-month risk-free rate of interest in Switzerland was 5 percent. If the spot exchange rate for dollars for

(Interest rate parity)On August 8th the six-month risk-free rate of interest in Switzerland was 5 percent. If the spot exchange rate for dollars for Swiss francs is 0.9241 and the six-month forward exchange rate is 0.9268 what would you expect the U.S. six-month risk-free rate to be? Round two decimal places.

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