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Kapinsky Capital Geneve (B). Christoph Holleman of Kapinsky Capital believes the Swiss franc will appreciate versus the US dollar in the coming 3-month period. He

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Kapinsky Capital Geneve (B). Christoph Holleman of Kapinsky Capital believes the Swiss franc will appreciate versus the US dollar in the coming 3-month period. He has 100.000 Invest. The current spot rate is $0 5823/SF the 3-month forward rate is $0 5639/SF and he expects the spot rates to reach 50 6250/SF in three months a. Calculate Christoph's expected profit assuming a pure spot market speculation strategy b. Calculate Christoph's expected profit assuming he buys or sels SF three months forward a. Calculate Christoph's expected profit assuming a pure spot market speculation strategy Christoph's expected profit assuming a pure spot market speculation strategy is $(Round to the nearest cent)

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