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Q16. Suppose three year deposit rates on Dollars and Swiss Francs are 12% and 7%, respectively. If the current spot rate for the Swiss franc

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Q16. Suppose three year deposit rates on Dollars and Swiss Francs are 12% and 7%, respectively. If the current spot rate for the Swiss franc is $03985, what is the spot rate implied by these interest rates for the franc three years from now? a) $0.4171 b) $03807 c) $03475 d) $0.4570

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