Question
On August 8th the six-month risk-free rate of interest in Switzerland was 2 percent. If the spot exchange rate for dollars for Swiss francs is
On August 8th the six-month risk-free rate of interest in Switzerland was 2 percent. If the spot exchange rate for dollars for Swiss francs is
0.9243 and the six-month forward exchange rate is 0.9268, what would you expect the U.S. six-month risk-free rate to be?
The U.S. six-month risk-free rate is __%. (Round to two decimal places.)
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Public Finance In Canada
Authors: Harvey Rosen, Beverly George Dahlby, Roger Smith, Jean-Francois Wen, Tracy Snoddon
3rd Canadian Edition
0070951659, 978-0070951655
