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months Kapinsky Capital Geneva (B). Christoph Hoffeman of Kapinsky Capital believes the Swiss franc will appreciate versus the U.S. dollar in the coming 3-month period

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months Kapinsky Capital Geneva (B). Christoph Hoffeman of Kapinsky Capital believes the Swiss franc will appreciate versus the U.S. dollar in the coming 3-month period He has $100,000 to invest. The current spot rate is $0 5820/SF, the 3 month forward rate is $0.5640/SF, and he expects the spot rates to reach $0.6250/SF in three a. Calculate Christoph's expected profit assuming a pure spot market speculation strategy b. Calculate Christoph's expected profit assuming he buys or sells 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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